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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 -18.96% first-year return on $102k initial cash invested.

-18.96%

Cash On Cash

1.31%

Cap Rate

0.22

DSCR

$1,231

Rent

-$1,611

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,231 income − $2,842 expenses = $1,611 out of pocket

Income$1,231Out of Pocket$1,611Mortgage P&I$1,999162%Property Taxes$1129%Insurance$14011%Management$18515%CapEx$494%Maintenance$494%Other$30825%

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

$1,231

Total Expenses

$2,842

Mortgage P&I

162%

$1,999

Property Taxes

9%

$112

Home Insurance

11%

$140

HOA

0%

$0

Property Management

15%

$185

CapEx

4%

$49

Vacancy

0%

$0

Maintenance

4%

$49

Other

25%

$308

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