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19530 Paxson Dr N, South Bend, IN 46637

3 beds • 2 baths • 1650 sqft

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This property might be a fair Airbnb investment with a projected 5.7% first-year return on $71,592 initial cash invested.

5.7%

Cash On Cash

8.02%

Cap Rate

1.39

DSCR

$3,436

Rent

$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,592

Downpayment

20%

$51,040

Closing costs

1%

$2,552

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,436

Total Expenses

$3,096

Mortgage P&I

36%

$1,229

Property Taxes

4%

$128

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$515

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$859

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ADR

Beds

Baths

Distance

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3

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3

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4

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2

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5

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2

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

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5

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0.6 mi

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