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238 Cartwright Dr, Richmond, IN 47374

3 beds • 2 baths • 1440 sqft

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This property might be a fair Airbnb investment with a projected 1.79% first-year return on $49,479 initial cash invested.

1.79%

Cash On Cash

7.77%

Cap Rate

1.19

DSCR

$1,998

Rent

$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,998

Total Expenses

$1,924

Mortgage P&I

41%

$816

Property Taxes

5%

$96

Home Insurance

3%

$52

HOA

0%

$0

Property Management

15%

$300

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$500

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