Mishawaka, IN


$ 249,900 - Buy & Hold

4.0 bd | 2.0 ba | 1,578 sqft | 1940 yr | $ 2,350 Rent

IRR
12.89 %
Yield-on-Cost
10.63 %
Cash on Cash
10.75 %
Net Monthly Cashflow
$1,727

Description


Buy & Hold Analysis

  • ARV: $250,000
  • Yield-on-Cost: 10.63 %
  • Net Monthly Cashflow: $1,727
  • Monthly Rent: $2,350

Financial Analysis

  • Loan Amnt: $ 7,500.00
  • All-in Cost: $ 200,175.00
  • Debt Coverage Ratio: 37.83 %
  • Total Out of Pocket: $ 192,675.00
  • Monthly Mortgage: $ 46.88

Expense Assumptions

  • Prop Insurance: $800
  • Prop Mgmt Fee: $2,679
  • Vacancy: $1,410
  • Capex: $0

Financing Assumptions

  • Down Payment: $2,500
  • Interest Rate: 7.50 %
  • Loan Term Months: 360.00
  • Points: $75

Other Assumptions

  • Closing Cost: $ 100
  • Rental Holding Period: 4.00


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