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1222 Vann Ave, Evansville, IN 47714

2 beds • 2 baths • 1119 sqft

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This property looks like a bad Airbnb investment with a projected -3.99% first-year return on $49,884 initial cash invested.

-3.99%

Cash On Cash

5.77%

Cap Rate

0.91

DSCR

$1,979

Rent

-$166

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,884

Downpayment

20%

$36,080

Closing costs

1%

$1,804

Rehab

0%

$0

Furnishing

7%

$12,000

Cashflow

Total Income

$1,979

Total Expenses

$2,145

Mortgage P&I

48%

$954

Property Taxes

9%

$178

Home Insurance

3%

$63

HOA

0%

$0

Property Management

15%

$297

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$495

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ADR

Beds

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2

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4

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5

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2

1

0.9 mi

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$285

5

4

0.6 mi

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$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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