REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2166 Willow Creek Dr, Mishawaka, IN 46545

3 beds • 4 baths • 3167 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.49% first-year return on $126k initial cash invested.

-19.49%

Cash On Cash

2.05%

Cap Rate

0.31

DSCR

$2,487

Rent

-$2,051

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,487 income − $4,538 expenses = $2,051 out of pocket

Income$2,487Out of Pocket$2,051Mortgage P&I$2,831114%Property Taxes$23810%Insurance$1847%HOA$924%Management$37315%CapEx$994%Maintenance$994%Other$62225%

Investment Breakdown

|

Purchase Price

$516k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,155

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,487

Total Expenses

$4,538

Mortgage P&I

114%

$2,831

Property Taxes

10%

$238

Home Insurance

7%

$184

HOA

4%

$92

Property Management

15%

$373

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$622

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis