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23780 Julep Ct, South Bend, IN 46614

3 beds • 3 baths • 3154 sqft

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This property looks like a bad Airbnb investment with a projected -0.86% first-year return on $96,750 initial cash invested.

-0.86%

Cash On Cash

6.28%

Cap Rate

1.05

DSCR

$3,938

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,938

Total Expenses

$4,007

Mortgage P&I

48%

$1,873

Property Taxes

3%

$112

Home Insurance

3%

$131

HOA

0%

$0

Property Management

15%

$591

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$984

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