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130 E Eastern Hills Boulevard, Salem, IN 47167

3 beds • 4 baths • 3080 sqft

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This property looks like a bad Airbnb investment with a projected -14.16% first-year return on $76,632 initial cash invested.

-14.16%

Cash On Cash

2.24%

Cap Rate

0.38

DSCR

$1,460

Rent

-$904

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,460 income − $2,364 expenses = $904 out of pocket

Income$1,460Out of Pocket$904Mortgage P&I$1,36794%Property Taxes$19814%Insurance$997%Management$21915%CapEx$584%Maintenance$584%Other$36525%

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,632

Downpayment

20%

$55,840

Closing costs

1%

$2,792

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,460

Total Expenses

$2,364

Mortgage P&I

94%

$1,367

Property Taxes

14%

$198

Home Insurance

7%

$99

HOA

0%

$0

Property Management

15%

$219

CapEx

4%

$58

Vacancy

0%

$0

Maintenance

4%

$58

Other

25%

$365

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