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BuyBox

1511 Rural Street

Indianapolis, IN 46201 · BRRRR

1
Cash flow
$307/mo
Cash-on-cash
25.5%
Cap rate
14.5%
DSCR
1.29

Assumptions

Purchase
$112,000
ARV
$215,000
Rehab
$48,000
Rent
$2,050
Vacancy
6%
Taxes
$1,480
Insurance
$1,100
NOI
$16,234
Loan
$161,250
Payment
$1,046
Cash invested
$14,442
Buy box
Meets

Refinance

Cash in $81,254 · new loan $161,250 · cash out $66,813 · left in $14,442

Projection

YearCash flowEquityIRR if sold
1$3,684$61,919262.3%
2$4,197$70,400118.5%
3$4,725$79,20984.1%
4$5,270$88,36068.6%
5$5,832$97,86959.8%
6$6,412$107,75354.1%
7$7,009$118,02850.1%
8$7,625$128,71447.2%
9$8,260$139,82945.0%
10$8,914$151,39443.2%
Prepared for discussion. This is a model, not an appraisal, a commitment to lend, or tax advice. Figures are a model of the assumptions above, sourced where noted from public listing data. Not an appraisal.