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24278 Lynn Dr, Elkhart, IN 46517

3 beds • 2 baths • 2590 sqft

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This property might be a fair Airbnb investment with a projected 1.18% first-year return on $84,276 initial cash invested.

1.18%

Cash On Cash

7.26%

Cap Rate

1.14

DSCR

$3,911

Rent

$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,911 income − $3,828 expenses = $83 cash flow

Income$3,911Mortgage P&I$1,67143%Property Taxes$1684%Insurance$1123%Management$58715%CapEx$1564%Maintenance$1564%Other$97825%Cash Flow$83

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,276

Downpayment

20%

$63,120

Closing costs

1%

$3,156

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,911

Total Expenses

$3,828

Mortgage P&I

43%

$1,671

Property Taxes

4%

$168

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$587

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$978

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