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3519 Orchard Rd, Evansville, IN 47720

3 beds • 4 baths • 3212 sqft

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This property looks like a bad Airbnb investment with a projected -6.6% first-year return on $113k initial cash invested.

-6.6%

Cash On Cash

4.58%

Cap Rate

0.79

DSCR

$3,864

Rent

-$624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$454k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,860

Closing costs

1%

$4,543

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,864

Total Expenses

$4,488

Mortgage P&I

57%

$2,202

Property Taxes

7%

$264

Home Insurance

4%

$166

HOA

0%

$0

Property Management

15%

$580

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$966

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