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1709 Sandstone Ct E, Lafayette, IN 47909

3 beds • 2 baths • 1927 sqft

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This property looks like a bad Airbnb investment with a projected -13.65% first-year return on $99,501 initial cash invested.

-13.65%

Cash On Cash

3.18%

Cap Rate

0.5

DSCR

$2,620

Rent

-$1,132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,620 income − $3,752 expenses = $1,132 out of pocket

Income$2,620Out of Pocket$1,132Mortgage P&I$2,05578%Property Taxes$28411%Insurance$1385%HOA$171%Management$39315%CapEx$1054%Maintenance$1054%Other$65525%

Investment Breakdown

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Purchase Price

$388k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,501

Downpayment

20%

$77,620

Closing costs

1%

$3,881

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,620

Total Expenses

$3,752

Mortgage P&I

78%

$2,055

Property Taxes

11%

$284

Home Insurance

5%

$138

HOA

1%

$17

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$655

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