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1240 Virginia Ct, Bluffton, IN 46714

3 beds • 2 baths • 1306 sqft

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This property looks like a bad Airbnb investment with a projected -1.57% first-year return on $66,300 initial cash invested.

-1.57%

Cash On Cash

6.43%

Cap Rate

1.01

DSCR

$2,415

Rent

-$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,415 income − $2,502 expenses = $87 out of pocket

Income$2,415Out of Pocket$87Mortgage P&I$1,22251%Property Taxes$402%Insurance$803%Management$36215%CapEx$974%Maintenance$974%Other$60425%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,415

Total Expenses

$2,502

Mortgage P&I

51%

$1,222

Property Taxes

2%

$40

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$362

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$604

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