REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3303 S McGowan Rd, Bloomington, IN 47401

3 beds • 2 baths • 3256 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.11% first-year return on $180k initial cash invested.

-14.11%

Cash On Cash

2.99%

Cap Rate

0.5

DSCR

$4,668

Rent

-$2,113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$770k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$154k

Closing costs

1%

$7,700

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,668

Total Expenses

$6,781

Mortgage P&I

82%

$3,847

Property Taxes

9%

$423

Home Insurance

6%

$270

HOA

0%

$0

Property Management

15%

$700

CapEx

4%

$187

Vacancy

0%

$0

Maintenance

4%

$187

Other

25%

$1,167

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Hawks' Ridge - unique woodland getaway

$5,417

$336

3

2

1.78 mi

The Goat Conspiracy Cabin

$5,191

$322

3

3

2.06 mi

Stephen’s Creek | Hot Tub • Fishing • Dog Friendly

$5,191

$322

2

1

1.7 mi

Country home w/ fenced yard hot tub wi-fi

$3,853

$239

3

1.5

1.5 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis