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2305 W Clearview Dr, Marion, IN 46952

3 beds • 2 baths • 1882 sqft

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This property looks like a bad Airbnb investment with a projected -4.57% first-year return on $73,566 initial cash invested.

-4.57%

Cash On Cash

4.93%

Cap Rate

0.85

DSCR

$2,338

Rent

-$280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,566

Downpayment

20%

$52,920

Closing costs

1%

$2,646

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,338

Total Expenses

$2,618

Mortgage P&I

54%

$1,274

Property Taxes

5%

$127

Home Insurance

4%

$94

HOA

0%

$0

Property Management

15%

$351

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$584

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