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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 -8.16% first-year return on $76,779 initial cash invested.

-8.16%

Cash On Cash

4.01%

Cap Rate

0.68

DSCR

$2,159

Rent

-$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$2,159

Total Expenses

$2,681

Mortgage P&I

64%

$1,371

Property Taxes

8%

$176

Home Insurance

5%

$98

HOA

0%

$0

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$540

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