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273 S 900 E, Marion, IN 46953

3 beds • 2 baths • 1423 sqft

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This property looks like a bad Airbnb investment with a projected -4.69% first-year return on $79,530 initial cash invested.

-4.69%

Cash On Cash

5.14%

Cap Rate

0.86

DSCR

$2,548

Rent

-$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,548 income − $2,859 expenses = $311 out of pocket

Income$2,548Out of Pocket$311Mortgage P&I$1,46557%Property Taxes$683%Insurance$1034%Management$38215%CapEx$1024%Maintenance$1024%Other$63725%

Investment Breakdown

|

Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,530

Downpayment

20%

$58,600

Closing costs

1%

$2,930

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,548

Total Expenses

$2,859

Mortgage P&I

57%

$1,465

Property Taxes

3%

$68

Home Insurance

4%

$103

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$637

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