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3012 Shildmyer Rd, Marion, IN 46952

3 beds • 3 baths • 2557 sqft

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This property might be a fair Airbnb investment with a projected 4.61% first-year return on $86,250 initial cash invested.

4.61%

Cash On Cash

8.16%

Cap Rate

1.3

DSCR

$4,440

Rent

$331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,440 income − $4,109 expenses = $331 cash flow

Income$4,440Mortgage P&I$1,70238%Property Taxes$1614%Insurance$1143%Management$66615%CapEx$1784%Maintenance$1784%Other$1,11025%Cash Flow$331

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,440

Total Expenses

$4,109

Mortgage P&I

38%

$1,702

Property Taxes

4%

$161

Home Insurance

3%

$114

HOA

0%

$0

Property Management

15%

$666

CapEx

4%

$178

Vacancy

0%

$0

Maintenance

4%

$178

Other

25%

$1,110

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