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1704 Brookwood Dr, Elkhart, IN 46514

3 beds • 5 baths • 8354 sqft

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This property looks like a bad Airbnb investment with a projected -11.88% first-year return on $116k initial cash invested.

-11.88%

Cash On Cash

3.26%

Cap Rate

0.56

DSCR

$3,288

Rent

-$1,147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,288 income − $4,435 expenses = $1,147 out of pocket

Income$3,288Out of Pocket$1,147Mortgage P&I$2,28269%Property Taxes$40712%Insurance$1675%Management$49315%CapEx$1324%Maintenance$1324%Other$82225%

Investment Breakdown

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Purchase Price

$466k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,180

Closing costs

1%

$4,659

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,288

Total Expenses

$4,435

Mortgage P&I

69%

$2,282

Property Taxes

12%

$407

Home Insurance

5%

$167

HOA

0%

$0

Property Management

15%

$493

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$822

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