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2205 Miami Trl, West Lafayette, IN 47906

3 beds • 2 baths • 1668 sqft

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This property looks like a bad Airbnb investment with a projected -6.03% first-year return on $92,550 initial cash invested.

-6.03%

Cash On Cash

5.15%

Cap Rate

0.82

DSCR

$3,336

Rent

-$465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,336 income − $3,801 expenses = $465 out of pocket

Income$3,336Out of Pocket$465Mortgage P&I$1,85656%Property Taxes$2217%Insurance$1244%Management$50015%CapEx$1334%Maintenance$1334%Other$83425%

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,550

Downpayment

20%

$71,000

Closing costs

1%

$3,550

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,336

Total Expenses

$3,801

Mortgage P&I

56%

$1,856

Property Taxes

7%

$221

Home Insurance

4%

$124

HOA

0%

$0

Property Management

15%

$500

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$834

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