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233 S Dog Trot Road, Salem, IN 47167

3 beds • 4 baths • 3716 sqft

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This property looks like a bad Airbnb investment with a projected -16.45% first-year return on $138k initial cash invested.

-16.45%

Cash On Cash

2.15%

Cap Rate

0.36

DSCR

$2,714

Rent

-$1,887

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,714 income − $4,601 expenses = $1,887 out of pocket

Income$2,714Out of Pocket$1,887Mortgage P&I$2,798103%Property Taxes$30011%Insurance$2007%Management$40715%CapEx$1094%Maintenance$1094%Other$67825%

Investment Breakdown

|

Purchase Price

$570k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,699

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,714

Total Expenses

$4,601

Mortgage P&I

103%

$2,798

Property Taxes

11%

$300

Home Insurance

7%

$200

HOA

0%

$0

Property Management

15%

$407

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$678

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