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2737 S Smithfield Ct, La Porte, IN 46350

3 beds • 5 baths • 4234 sqft

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This property looks like a bad Airbnb investment with a projected -9.59% first-year return on $138k initial cash invested.

-9.59%

Cash On Cash

3.85%

Cap Rate

0.66

DSCR

$4,075

Rent

-$1,103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,075 income − $5,178 expenses = $1,103 out of pocket

Income$4,075Out of Pocket$1,103Mortgage P&I$2,77368%Property Taxes$2396%Insurance$2105%Management$61115%CapEx$1634%Maintenance$1634%Other$1,01925%

Investment Breakdown

|

Purchase Price

$572k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,715

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,075

Total Expenses

$5,178

Mortgage P&I

68%

$2,773

Property Taxes

6%

$239

Home Insurance

5%

$210

HOA

0%

$0

Property Management

15%

$611

CapEx

4%

$163

Vacancy

0%

$0

Maintenance

4%

$163

Other

25%

$1,019

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