Nice Area
Indianapolis, IN 46221
3bd • 2ba • Built: 2025
Great community
| Estimated Square Feet | 1,503 | | Initial Market Value | $306,000 | | Price | $306,000 | | Downpayment | $76,500 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $9,180 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $85,680 | | Cost per Square Foot / per Bedroom | $204 / $102,000 | | Monthly Rent per SQFT / per Bedroom | $1.13 / $567 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,700 | $20,400 | | Vacancy Losses | ($136) | ($1,632) | | Operating Income | $1,564 | $18,768 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($510) | ($6,120) | | Insurance | ($77) | ($918) | | Management Fees | ($125) | ($1,501) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($53) | ($636) | | Maintenance | ($34) | ($408) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($799) | ($9,583) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $765 | $9,185 | | - Mortgage Payments | ($1,376) | ($16,512) | | = Cash Flow | ($611) | ($7,327) | | + Principal Reduction | $235 | $2,818 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $574 | $6,885 | | + First-Year Appreciation | $1,530 | $18,360 | | = Gross Equity Income | $1,728 | $20,736 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $229,500 | N/A | | Monthly Payment | $1,375.97 | 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 | 0.56 | | Annual Gross Rent Multiplier | 15 | | Capitalization Rate | 3.0% | | Cash on Cash Return | -9% | | Return on Investment | 16% | | Return on Investment with IIDD | 24% | | + 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.
|