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2604 Sherman Dr, Kokomo, IN 46902

3 beds • 2 baths • 1856 sqft

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This property looks like a bad Airbnb investment with a projected -3.64% first-year return on $66,279 initial cash invested.

-3.64%

Cash On Cash

5.79%

Cap Rate

0.91

DSCR

$2,358

Rent

-$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,358

Total Expenses

$2,559

Mortgage P&I

52%

$1,217

Property Taxes

6%

$130

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$590

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