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11014 Wingara Way, Roanoke, IN 46783

3 beds • 2 baths • 1604 sqft

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This property looks like a bad Airbnb investment with a projected -8.32% first-year return on $86,229 initial cash invested.

-8.32%

Cash On Cash

4.1%

Cap Rate

0.7

DSCR

$2,938

Rent

-$598

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,938 income − $3,536 expenses = $598 out of pocket

Income$2,938Out of Pocket$598Mortgage P&I$1,59154%Property Taxes$1876%Insurance$1144%HOA$2338%Management$44115%CapEx$1184%Maintenance$1184%Other$73425%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,938

Total Expenses

$3,536

Mortgage P&I

54%

$1,591

Property Taxes

6%

$187

Home Insurance

4%

$114

HOA

8%

$233

Property Management

15%

$441

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$734

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