Nice Area
Indianapolis, IN 46221
4bd • 2ba • Built: 2025
Great community
| Estimated Square Feet | 1,771 | | Initial Market Value | $330,000 | | Price | $330,000 | | Downpayment | $82,500 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $9,900 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $92,400 | | Cost per Square Foot / per Bedroom | $186 / $82,500 | | Monthly Rent per SQFT / per Bedroom | $1.10 / $488 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,950 | $23,400 | | Vacancy Losses | ($156) | ($1,872) | | Operating Income | $1,794 | $21,528 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($550) | ($6,600) | | Insurance | ($83) | ($990) | | Management Fees | ($144) | ($1,722) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($90) | ($1,080) | | Maintenance | ($39) | ($468) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($905) | ($10,860) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $889 | $10,668 | | - Mortgage Payments | ($1,484) | ($17,807) | | = Cash Flow | ($595) | ($7,139) | | + Principal Reduction | $253 | $3,039 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $619 | $7,425 | | + First-Year Appreciation | $1,650 | $19,800 | | = Gross Equity Income | $1,927 | $23,125 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $247,500 | N/A | | Monthly Payment | $1,483.89 | N/A | | Loan Type | Amortizing Fixed | N/A | | Term | 30 Years | N/A | | Nominal / Real Interest Rate | 6.000% / 3.000% | N/A | | Monthly PMI | $0 | N/A |
| Empowered Investor® Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.6% | | Debt Coverage Ratio | 0.60 | | Annual Gross Rent Multiplier | 14 | | Capitalization Rate | 3.2% | | Cash on Cash Return | -8% | | Return on Investment | 17% | | Return on Investment with IIDD | 25% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions & Projections | |
|---|
| Projected Appreciation Rate | 6% | | Projected Inflation Rate | 3% | | Vacancy Rate | 8% | | Management Fee | 8% | | Maintenance Percentage | 2% |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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