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3250 Morrow Dr, Kokomo, IN 46902

3 beds • 2 baths • 1788 sqft

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This property looks like a bad Airbnb investment with a projected -6.53% first-year return on $72,054 initial cash invested.

-6.53%

Cash On Cash

4.55%

Cap Rate

0.76

DSCR

$2,205

Rent

-$392

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,054

Downpayment

20%

$51,480

Closing costs

1%

$2,574

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,205

Total Expenses

$2,597

Mortgage P&I

58%

$1,279

Property Taxes

7%

$154

Home Insurance

4%

$91

HOA

1%

$15

Property Management

15%

$331

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$551

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