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1423 Gumwood Dr, Indianapolis, IN 46234

3 beds • 2 baths • 2002 sqft

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This property looks like a bad Airbnb investment with a projected -6.88% first-year return on $72,579 initial cash invested.

-6.88%

Cash On Cash

4.77%

Cap Rate

0.77

DSCR

$2,756

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,756 income − $3,172 expenses = $416 out of pocket

Income$2,756Out of Pocket$416Mortgage P&I$1,33949%Property Taxes$42015%Insurance$913%Management$41315%CapEx$1104%Maintenance$1104%Other$68925%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,756

Total Expenses

$3,172

Mortgage P&I

49%

$1,339

Property Taxes

15%

$420

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$413

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$689

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