Nice Area
Indianapolis, IN 46221
4bd • 2.5ba • Built: 2025
Great community
| Estimated Square Feet | 2,053 | | Initial Market Value | $334,900 | | Price | $334,900 | | Downpayment | $83,725 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $10,047 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $93,772 | | Cost per Square Foot / per Bedroom | $163 / $83,725 | | Monthly Rent per SQFT / per Bedroom | $1.12 / $575 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $2,300 | $27,600 | | Vacancy Losses | ($184) | ($2,208) | | Operating Income | $2,116 | $25,392 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($558) | ($6,698) | | Insurance | ($84) | ($1,005) | | Management Fees | ($169) | ($2,031) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($53) | ($636) | | Maintenance | ($46) | ($552) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($910) | ($10,922) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,206 | $14,470 | | - Mortgage Payments | ($1,506) | ($18,071) | | = Cash Flow | ($300) | ($3,601) | | + Principal Reduction | $257 | $3,084 | | + Inflation Induced Debt Destruction® (IIDD) - Beta | $628 | $7,535 | | + First-Year Appreciation | $1,675 | $20,094 | | = Gross Equity Income | $2,259 | $27,113 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 75% | N/A | | Loan Amount | $251,175 | N/A | | Monthly Payment | $1,505.92 | 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™) | 0.7% | | Debt Coverage Ratio | 0.80 | | Annual Gross Rent Multiplier | 12 | | Capitalization Rate | 4.3% | | Cash on Cash Return | -4% | | Return on Investment | 21% | | Return on Investment with IIDD | 29% | | + 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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