Zip Code 47161 — Palmyra, IN
🟡MODERATE— average returnsCap Rate
6.0%
Monthly Cash Flow
-$90
Median Home Price
$270,051
DSCR
0.94
🏠 Fair Market Rents
- Studio
- $1,210/mo
- 1 Bedroom
- $1,330/mo
- 2 Bedroom
- $1,610/mo
- 3 Bedroom
- $2,110/mo
- 4 Bedroom
- $2,420/mo
📊 Investment Metrics
- Cap Rate
- 6.0%
- Cash-on-Cash Return
- -1.7%
- Price-to-Rent Ratio
- 10.7
- 1% Rule
- 0.78%
- Gross Rent Multiplier
- 10.7
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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