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2863 Morallion Dr, West Lafayette, IN 47906

3 beds • 2 baths • 1441 sqft

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This property looks like a bad Airbnb investment with a projected -11.72% first-year return on $86,733 initial cash invested.

-11.72%

Cash On Cash

4.07%

Cap Rate

0.6

DSCR

$2,514

Rent

-$847

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,514 income − $3,361 expenses = $847 out of pocket

Income$2,514Out of Pocket$847Mortgage P&I$1,85774%Property Taxes$1626%Insurance$1175%HOA$181%Management$37715%CapEx$1014%Maintenance$1014%Other$62825%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,733

Downpayment

20%

$65,460

Closing costs

1%

$3,273

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,514

Total Expenses

$3,361

Mortgage P&I

74%

$1,857

Property Taxes

6%

$162

Home Insurance

5%

$117

HOA

1%

$18

Property Management

15%

$377

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$628

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