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230 Green Springs Rd, Indianapolis, IN 46214

3 beds • 2 baths • 1008 sqft

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This property looks like a bad Airbnb investment with a projected -3.46% first-year return on $63,129 initial cash invested.

-3.46%

Cash On Cash

5.84%

Cap Rate

0.92

DSCR

$2,176

Rent

-$182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,176 income − $2,358 expenses = $182 out of pocket

Income$2,176Out of Pocket$182Mortgage P&I$1,14052%Property Taxes$995%Insurance$753%Management$32615%CapEx$874%Maintenance$874%Other$54425%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,129

Downpayment

20%

$42,980

Closing costs

1%

$2,149

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,176

Total Expenses

$2,358

Mortgage P&I

52%

$1,140

Property Taxes

5%

$99

Home Insurance

3%

$75

HOA

0%

$0

Property Management

15%

$326

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$544

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