1

Single family

1511 Rural Street

Indianapolis, IN 46201

Meets buy box
3 bd1 ba1,188 sf1920Samplesample
Report
Cash flow
$307
per month
Cash-on-cash
25.5%
Cap rate
14.5%
9.8% on cost
DSCR
1.29
43.2% IRR

Where the money goes

Property tax$1,480
Insurance$1,100
Management$1,850
Repairs$1,230
Capex reserves$1,230
NOI
$16,234
Debt service
$12,550
GRM
4.6
Break-even
79.0%
Opex ratio
29.8%
$ / sqft
$94
$ / door
$112,000
Rent ratio
1.83%

Buy box

  • Cash flow$307/mo / $150/mo
  • Cash-on-cash25.5% / 8%
  • Cap rate14.5% / 6%
  • DSCR1.29 / 1.20

Price sensitivity

PriceCash flowCoCCap
-10% · $100,800$307151.3%16.1%
-5% · $106,400$30743.7%15.3%
0% · $112,000$30725.5%14.5%
+5% · $117,600$30718.0%13.8%
+10% · $123,200$30713.9%13.2%

Refinance

Cash in before refi
$81,254
New loan
$161,250
Payoff
$89,600
Refi costs
$4,838
Cash out
$66,813
Left in deal
$14,442