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2953 Morallion Dr, West Lafayette, IN 47906

3 beds • 2 baths • 1659 sqft

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This property looks like a bad Airbnb investment with a projected -10.29% first-year return on $90,177 initial cash invested.

-10.29%

Cash On Cash

3.87%

Cap Rate

0.62

DSCR

$2,450

Rent

-$773

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,450 income − $3,223 expenses = $773 out of pocket

Income$2,450Out of Pocket$773Mortgage P&I$1,78373%Property Taxes$1406%Insurance$1245%Management$36815%CapEx$984%Maintenance$984%Other$61225%

Investment Breakdown

|

Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,177

Downpayment

20%

$68,740

Closing costs

1%

$3,437

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,450

Total Expenses

$3,223

Mortgage P&I

73%

$1,783

Property Taxes

6%

$140

Home Insurance

5%

$124

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$612

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