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2546 Willowdale Rd, Portage, IN 46368

3 beds • 2 baths • 2214 sqft

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This property looks like a bad Airbnb investment with a projected -2.25% first-year return on $80,643 initial cash invested.

-2.25%

Cash On Cash

5.8%

Cap Rate

0.98

DSCR

$3,049

Rent

-$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,049 income − $3,200 expenses = $151 out of pocket

Income$3,049Out of Pocket$151Mortgage P&I$1,47048%Property Taxes$1605%Insurance$1074%Management$45715%CapEx$1224%Maintenance$1224%Other$76225%

Investment Breakdown

|

Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,643

Downpayment

20%

$59,660

Closing costs

1%

$2,983

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,049

Total Expenses

$3,200

Mortgage P&I

48%

$1,470

Property Taxes

5%

$160

Home Insurance

4%

$107

HOA

0%

$0

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$762

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