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1511 Brookwood Dr, Elkhart, IN 46514

3 beds • 2 baths • 1960 sqft

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This property looks like a bad Airbnb investment with a projected -7.53% first-year return on $76,779 initial cash invested.

-7.53%

Cash On Cash

4.19%

Cap Rate

0.71

DSCR

$2,234

Rent

-$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,234 income − $2,716 expenses = $482 out of pocket

Income$2,234Out of Pocket$482Mortgage P&I$1,37161%Property Taxes$1768%Insurance$984%Management$33515%CapEx$894%Maintenance$894%Other$55825%

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,234

Total Expenses

$2,716

Mortgage P&I

61%

$1,371

Property Taxes

8%

$176

Home Insurance

4%

$98

HOA

0%

$0

Property Management

15%

$335

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$558

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