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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 -19.3% first-year return on $102k initial cash invested.

-19.3%

Cash On Cash

1.22%

Cap Rate

0.2

DSCR

$1,175

Rent

-$1,640

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,175 income − $2,815 expenses = $1,640 out of pocket

Income$1,175Out of Pocket$1,640Mortgage P&I$1,999170%Property Taxes$11210%Insurance$14012%Management$17615%CapEx$474%Maintenance$474%Other$29425%

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

$1,175

Total Expenses

$2,815

Mortgage P&I

170%

$1,999

Property Taxes

10%

$112

Home Insurance

12%

$140

HOA

0%

$0

Property Management

15%

$176

CapEx

4%

$47

Vacancy

0%

$0

Maintenance

4%

$47

Other

25%

$294

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