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23741 River Dr, Goshen, IN 46528

3 beds • 2 baths • 1497 sqft

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This property looks like a bad Airbnb investment with a projected -6.67% first-year return on $78,249 initial cash invested.

-6.67%

Cash On Cash

4.7%

Cap Rate

0.77

DSCR

$2,453

Rent

-$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,453 income − $2,888 expenses = $435 out of pocket

Income$2,453Out of Pocket$435Mortgage P&I$1,46160%Property Taxes$1707%Insurance$723%HOA$8Management$36815%CapEx$984%Maintenance$984%Other$61325%

Investment Breakdown

|

Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,249

Downpayment

20%

$57,380

Closing costs

1%

$2,869

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,453

Total Expenses

$2,888

Mortgage P&I

60%

$1,461

Property Taxes

7%

$170

Home Insurance

3%

$72

HOA

0%

$8

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$613

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