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3333 Sussex Ln, Lafayette, IN 47909

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Airbnb investment with a projected -7.87% first-year return on $62,079 initial cash invested.

-7.87%

Cash On Cash

4.92%

Cap Rate

0.73

DSCR

$2,261

Rent

-$407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,261 income − $2,668 expenses = $407 out of pocket

Income$2,261Out of Pocket$407Mortgage P&I$1,17852%Property Taxes$33215%Insurance$743%Management$33915%CapEx$904%Maintenance$904%Other$56525%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,261

Total Expenses

$2,668

Mortgage P&I

52%

$1,178

Property Taxes

15%

$332

Home Insurance

3%

$74

HOA

0%

$0

Property Management

15%

$339

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$565

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