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1809 W 900 N, Wheatfield, IN 46392

3 beds • 3 baths • 3128 sqft

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This property looks like a bad Airbnb investment with a projected -9.32% first-year return on $102k initial cash invested.

-9.32%

Cash On Cash

3.96%

Cap Rate

0.66

DSCR

$2,806

Rent

-$792

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,806 income − $3,598 expenses = $792 out of pocket

Income$2,806Out of Pocket$792Mortgage P&I$1,99971%Property Taxes$1124%Insurance$1405%Management$42115%CapEx$1124%Maintenance$1124%Other$70225%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,806

Total Expenses

$3,598

Mortgage P&I

71%

$1,999

Property Taxes

4%

$112

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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