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11758 W Smith Ridge Ct, Monticello, IN 47960

3 beds • 2 baths • 1756 sqft

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This property looks like a bad Airbnb investment with a projected -5.43% first-year return on $83,100 initial cash invested.

-5.43%

Cash On Cash

4.95%

Cap Rate

0.83

DSCR

$2,657

Rent

-$376

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,657 income − $3,033 expenses = $376 out of pocket

Income$2,657Out of Pocket$376Mortgage P&I$1,55058%Property Taxes$1004%Insurance$1084%Management$39915%CapEx$1064%Maintenance$1064%Other$66425%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,657

Total Expenses

$3,033

Mortgage P&I

58%

$1,550

Property Taxes

4%

$100

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$399

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$664

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