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1899 W Kelly Rd, Boonville, IN 47601

3 beds • 3 baths • 1816 sqft

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This property looks like a bad Airbnb investment with a projected -11.06% first-year return on $96,750 initial cash invested.

-11.06%

Cash On Cash

3.36%

Cap Rate

0.57

DSCR

$2,329

Rent

-$892

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,329 income − $3,221 expenses = $892 out of pocket

Income$2,329Out of Pocket$892Mortgage P&I$1,84979%Property Taxes$1245%Insurance$1316%Management$34915%CapEx$934%Maintenance$934%Other$58225%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,329

Total Expenses

$3,221

Mortgage P&I

79%

$1,849

Property Taxes

5%

$124

Home Insurance

6%

$131

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

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