Zip Code 47948 โ€” Goodland, IN

๐ŸŸกMODERATEโ€” average returns
F

Poor

Negative cash flow likely ยท Score: 32/100

Cap Rate

4.8%

Monthly Cash Flow

-$208

Median Home Price

$162,239

DSCR

0.76

Fair Market Rents

Studio
$620/mo
1 Bedroom
$710/mo
2 Bedroom
$870/mo
3 Bedroom
$1,080/mo
4 Bedroom
$1,170/mo

Investment Metrics

Cap Rate
4.8%
Cash-on-Cash Return
-6.7%
Price-to-Rent Ratio
12.5
1% Rule
0.67%
Gross Rent Multiplier
12.5
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’