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1128 W Cherry St, Bluffton, IN 46714

3 beds • 2 baths • 1284 sqft

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This property could be a profitable Airbnb investment with a projected 23.27% first-year return on $41,100 initial cash invested.

23.27%

Cash On Cash

16.29%

Cap Rate

2.57

DSCR

$2,845

Rent

$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,845 income − $2,048 expenses = $797 cash flow

Income$2,845Mortgage P&I$58220%Property Taxes$622%Insurance$381%Management$42715%CapEx$1144%Maintenance$1144%Other$71125%Cash Flow$797

Investment Breakdown

|

Purchase Price

$110k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,100

Downpayment

20%

$22,000

Closing costs

1%

$1,100

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,845

Total Expenses

$2,048

Mortgage P&I

20%

$582

Property Taxes

2%

$62

Home Insurance

1%

$38

HOA

0%

$0

Property Management

15%

$427

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$711

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