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1018 Albany St, Indianapolis, IN 46203

2 beds • 2 baths • 720 sqft

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This property looks like a bad Airbnb investment with a projected -3.8% first-year return on $57,150 initial cash invested.

-3.8%

Cash On Cash

5.74%

Cap Rate

0.91

DSCR

$2,114

Rent

-$181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

6%

$12,000

Cashflow

Total Income

$2,114

Total Expenses

$2,295

Mortgage P&I

53%

$1,124

Property Taxes

4%

$81

Home Insurance

4%

$75

HOA

0%

$0

Property Management

15%

$317

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$528

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