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310 Lone Oak Drive, New Albany, IN 47150

3 beds • 2 baths • 1820 sqft

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This property might be a fair Airbnb investment with a projected 1.67% first-year return on $66,132 initial cash invested.

1.67%

Cash On Cash

7.49%

Cap Rate

1.17

DSCR

$2,931

Rent

$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,931 income − $2,839 expenses = $92 cash flow

Income$2,931Mortgage P&I$1,22242%Property Taxes$1284%Insurance$823%Management$44015%CapEx$1174%Maintenance$1174%Other$73325%Cash Flow$92

Investment Breakdown

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Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,132

Downpayment

20%

$45,840

Closing costs

1%

$2,292

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,931

Total Expenses

$2,839

Mortgage P&I

42%

$1,222

Property Taxes

4%

$128

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$733

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