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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 -8.96% first-year return on $138k initial cash invested.

-8.96%

Cash On Cash

4.01%

Cap Rate

0.69

DSCR

$4,217

Rent

-$1,030

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,217 income − $5,247 expenses = $1,030 out of pocket

Income$4,217Out of Pocket$1,030Mortgage P&I$2,77366%Property Taxes$2396%Insurance$2105%Management$63315%CapEx$1694%Maintenance$1694%Other$1,05425%

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

$4,217

Total Expenses

$5,247

Mortgage P&I

66%

$2,773

Property Taxes

6%

$239

Home Insurance

5%

$210

HOA

0%

$0

Property Management

15%

$633

CapEx

4%

$169

Vacancy

0%

$0

Maintenance

4%

$169

Other

25%

$1,054

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