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12103 Ernst Rd, Roanoke, IN 46783

3 beds • 3 baths • 1906 sqft

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This property looks like a bad Airbnb investment with a projected -7.86% first-year return on $94,356 initial cash invested.

-7.86%

Cash On Cash

4.44%

Cap Rate

0.73

DSCR

$3,170

Rent

-$618

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,170 income − $3,788 expenses = $618 out of pocket

Income$3,170Out of Pocket$618Mortgage P&I$1,83658%Property Taxes$2217%Insurance$2097%Management$47615%CapEx$1274%Maintenance$1274%Other$79225%

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,356

Downpayment

20%

$72,720

Closing costs

1%

$3,636

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,170

Total Expenses

$3,788

Mortgage P&I

58%

$1,836

Property Taxes

7%

$221

Home Insurance

7%

$209

HOA

0%

$0

Property Management

15%

$476

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$792

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