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304 E Race St, Odon, IN 47562

3 beds • 2 baths • 1468 sqft

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This property could be a profitable Airbnb investment with a projected 14.28% first-year return on $38,160 initial cash invested.

14.28%

Cash On Cash

13.28%

Cap Rate

2.03

DSCR

$2,122

Rent

$454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,122 income − $1,668 expenses = $454 cash flow

Income$2,122Mortgage P&I$52325%Property Taxes$402%Insurance$874%Management$31815%CapEx$854%Maintenance$854%Other$53025%Cash Flow$454

Investment Breakdown

|

Purchase Price

$96,000

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,160

Downpayment

20%

$19,200

Closing costs

1%

$960

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$2,122

Total Expenses

$1,668

Mortgage P&I

25%

$523

Property Taxes

2%

$40

Home Insurance

4%

$87

HOA

0%

$0

Property Management

15%

$318

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$530

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