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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 -7.96% first-year return on $94,356 initial cash invested.

-7.96%

Cash On Cash

4.41%

Cap Rate

0.73

DSCR

$3,153

Rent

-$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$3,153

Total Expenses

$3,779

Mortgage P&I

58%

$1,836

Property Taxes

7%

$221

Home Insurance

7%

$209

HOA

0%

$0

Property Management

15%

$473

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$788

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