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$3,502 (target)

9404 Hunters Ridge Drive, Georgetown, IN 47122

3 beds • 2 baths • 2589 sqft

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This property might be a fair Mid-Term investment with a projected 1.14% first-year return on $100k initial cash invested.

1.14%

Cash On Cash

6.76%

Cap Rate

1.12

DSCR

$3,502

Rent

$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,502 income − $3,407 expenses = $95 cash flow

Income$3,502Mortgage P&I$1,97056%Property Taxes$1073%Insurance$1404%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%Cash Flow$95

Investment Breakdown

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Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,280

Closing costs

1%

$3,914

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,502

Total Expenses

$3,407

Mortgage P&I

56%

$1,970

Property Taxes

3%

$107

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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