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2620 NW A St, Richmond, IN 47374

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Airbnb investment with a projected -3.45% first-year return on $56,367 initial cash invested.

-3.45%

Cash On Cash

5.9%

Cap Rate

0.91

DSCR

$1,941

Rent

-$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,941 income − $2,103 expenses = $162 out of pocket

Income$1,941Out of Pocket$162Mortgage P&I$98351%Property Taxes$1226%Insurance$663%Management$29115%CapEx$784%Maintenance$784%Other$48525%

Investment Breakdown

|

Purchase Price

$183k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,367

Downpayment

20%

$36,540

Closing costs

1%

$1,827

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,941

Total Expenses

$2,103

Mortgage P&I

51%

$983

Property Taxes

6%

$122

Home Insurance

3%

$66

HOA

0%

$0

Property Management

15%

$291

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$485

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