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3304 Wedgewood Dr, Indianapolis, IN 46227

3 beds • 2 baths • 1506 sqft

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This property might be a fair Airbnb investment with a projected 0.46% first-year return on $65,355 initial cash invested.

0.46%

Cash On Cash

7.27%

Cap Rate

1.12

DSCR

$2,982

Rent

$25

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,982 income − $2,957 expenses = $25 cash flow

Income$2,982Mortgage P&I$1,22241%Property Taxes$2248%Insurance$803%Management$44715%CapEx$1194%Maintenance$1194%Other$74625%Cash Flow$25

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,355

Downpayment

20%

$45,100

Closing costs

1%

$2,255

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,982

Total Expenses

$2,957

Mortgage P&I

41%

$1,222

Property Taxes

8%

$224

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$746

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