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1047 State St, Hobart, IN 46342

3 beds • 2 baths • 1806 sqft

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This property looks like a bad Airbnb investment with a projected -6.6% first-year return on $75,603 initial cash invested.

-6.6%

Cash On Cash

4.47%

Cap Rate

0.76

DSCR

$2,367

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,603

Downpayment

20%

$54,860

Closing costs

1%

$2,743

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,367

Total Expenses

$2,783

Mortgage P&I

57%

$1,343

Property Taxes

9%

$205

Home Insurance

4%

$98

HOA

0%

$0

Property Management

15%

$355

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$592

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