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16740 Cleveland Rd, Granger, IN 46530

4 beds • 2 baths • 2250 sqft

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This property could be a profitable Airbnb investment with a projected 11.18% first-year return on $82,548 initial cash invested.

11.18%

Cash On Cash

10.02%

Cap Rate

1.7

DSCR

$4,676

Rent

$769

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,548

Downpayment

20%

$55,760

Closing costs

1%

$2,788

Rehab

0%

$0

Furnishing

9%

$24,000

Cashflow

Total Income

$4,676

Total Expenses

$3,907

Mortgage P&I

29%

$1,373

Property Taxes

4%

$187

Home Insurance

2%

$103

HOA

0%

$0

Property Management

15%

$701

CapEx

4%

$187

Vacancy

0%

$0

Maintenance

4%

$187

Other

25%

$1,169

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