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2818 High St, Logansport, IN 46947

3 beds • 2 baths • 3146 sqft

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This property looks like a bad Airbnb investment with a projected -7.05% first-year return on $68,064 initial cash invested.

-7.05%

Cash On Cash

4.37%

Cap Rate

0.73

DSCR

$2,032

Rent

-$400

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,032 income − $2,432 expenses = $400 out of pocket

Income$2,032Out of Pocket$400Mortgage P&I$1,18758%Property Taxes$1407%Insurance$1306%Management$30515%CapEx$814%Maintenance$814%Other$50825%

Investment Breakdown

|

Purchase Price

$238k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,064

Downpayment

20%

$47,680

Closing costs

1%

$2,384

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,032

Total Expenses

$2,432

Mortgage P&I

58%

$1,187

Property Taxes

7%

$140

Home Insurance

6%

$130

HOA

0%

$0

Property Management

15%

$305

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$508

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