REI Lense

REI Lense

Unlock all features! Tap here to upgrade

20608 W Johnson Rd, South Bend, IN 46614

3 beds • 3 baths • 2344 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.41% first-year return on $106k initial cash invested.

-8.41%

Cash On Cash

4.26%

Cap Rate

0.71

DSCR

$3,249

Rent

-$743

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,249 income − $3,992 expenses = $743 out of pocket

Income$3,249Out of Pocket$743Mortgage P&I$2,09965%Property Taxes$1876%Insurance$1475%Management$48715%CapEx$1304%Maintenance$1304%Other$81225%

Investment Breakdown

|

Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,800

Closing costs

1%

$4,190

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,249

Total Expenses

$3,992

Mortgage P&I

65%

$2,099

Property Taxes

6%

$187

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$487

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$812

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis