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231 Meadowview Ln, Greenwood, IN 46142

3 beds • 2 baths • 2023 sqft

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This property looks like a bad Airbnb investment with a projected -11.07% first-year return on $104k initial cash invested.

-11.07%

Cash On Cash

3.5%

Cap Rate

0.58

DSCR

$2,729

Rent

-$960

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,729 income − $3,689 expenses = $960 out of pocket

Income$2,729Out of Pocket$960Mortgage P&I$2,04875%Property Taxes$1716%Insurance$1445%HOA$171%Management$40915%CapEx$1094%Maintenance$1094%Other$68225%

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,729

Total Expenses

$3,689

Mortgage P&I

75%

$2,048

Property Taxes

6%

$171

Home Insurance

5%

$144

HOA

1%

$17

Property Management

15%

$409

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$682

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