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25904 Quail Ridge Dr, Elkhart, IN 46514

3 beds • 3 baths • 2006 sqft

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This property looks like a bad Airbnb investment with a projected -9.01% first-year return on $70,479 initial cash invested.

-9.01%

Cash On Cash

4.23%

Cap Rate

0.67

DSCR

$2,279

Rent

-$529

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,279 income − $2,808 expenses = $529 out of pocket

Income$2,279Out of Pocket$529Mortgage P&I$1,31958%Property Taxes$30713%Insurance$884%Management$34215%CapEx$914%Maintenance$914%Other$57025%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,279

Total Expenses

$2,808

Mortgage P&I

58%

$1,319

Property Taxes

13%

$307

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$342

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$570

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