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1123 Bissell St, South Bend, IN 46617

4 beds • 3 baths • 1880 sqft

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This property looks like a bad Airbnb investment with a projected -1.69% first-year return on $99,579 initial cash invested.

-1.69%

Cash On Cash

5.96%

Cap Rate

1.01

DSCR

$3,814

Rent

-$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,579

Downpayment

20%

$71,980

Closing costs

1%

$3,599

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$3,814

Total Expenses

$3,954

Mortgage P&I

47%

$1,774

Property Taxes

6%

$222

Home Insurance

3%

$126

HOA

0%

$0

Property Management

15%

$572

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$954

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