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312 E Evergreen Rd, Evansville, IN 47711

3 beds • 2 baths • 1407 sqft

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This property looks like a bad Airbnb investment with a projected -1.31% first-year return on $78,690 initial cash invested.

-1.31%

Cash On Cash

6.04%

Cap Rate

1.02

DSCR

$2,906

Rent

-$86

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,906

Total Expenses

$2,992

Mortgage P&I

49%

$1,425

Property Taxes

2%

$72

Home Insurance

3%

$101

HOA

0%

$0

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$726

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Comparable Property

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5

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0.6 mi

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$1,100

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$2,850

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