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$986 (target)

9462 E Saylor Road, Salem, IN 47167

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Mid-Term investment with a projected -0.9% first-year return on $36,165 initial cash invested.

-0.9%

Cash On Cash

6.22%

Cap Rate

1.03

DSCR

$986

Rent

-$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$986 income − $1,013 expenses = $27 out of pocket

Income$986Out of Pocket$27Mortgage P&I$43644%Property Taxes$12112%Insurance$12212%Management$11812%CapEx$394%Vacancy$303%Maintenance$394%Other$10811%

Investment Breakdown

|

Purchase Price

$86,500

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,165

Downpayment

20%

$17,300

Closing costs

1%

$865

Rehab

0%

$0

Furnishing

21%

$18,000

Cashflow

Total Income

$986

Total Expenses

$1,013

Mortgage P&I

44%

$436

Property Taxes

12%

$121

Home Insurance

12%

$122

HOA

0%

$0

Property Management

12%

$118

CapEx

4%

$39

Vacancy

3%

$30

Maintenance

4%

$39

Other

11%

$108

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