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15989 Tharp Woods Dr, Fishers, IN 46037

4 beds • 3 baths • 2244 sqft

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This property looks like a bad Airbnb investment with a projected -6.84% first-year return on $124k initial cash invested.

-6.84%

Cash On Cash

4.66%

Cap Rate

0.77

DSCR

$4,227

Rent

-$705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$4,227

Total Expenses

$4,932

Mortgage P&I

56%

$2,381

Property Taxes

8%

$356

Home Insurance

4%

$166

HOA

0%

$0

Property Management

15%

$634

CapEx

4%

$169

Vacancy

0%

$0

Maintenance

4%

$169

Other

25%

$1,057

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