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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 5.43% first-year return on $86,250 initial cash invested.

5.43%

Cash On Cash

8.4%

Cap Rate

1.34

DSCR

$4,552

Rent

$390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,552 income − $4,162 expenses = $390 cash flow

Income$4,552Mortgage P&I$1,70237%Property Taxes$1614%Insurance$1143%Management$68315%CapEx$1824%Maintenance$1824%Other$1,13825%Cash Flow$390

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

$4,552

Total Expenses

$4,162

Mortgage P&I

37%

$1,702

Property Taxes

4%

$161

Home Insurance

3%

$114

HOA

0%

$0

Property Management

15%

$683

CapEx

4%

$182

Vacancy

0%

$0

Maintenance

4%

$182

Other

25%

$1,138

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