REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3620 N Armstrong Dr, Bloomington, IN 47404

3 beds • 3 baths • 2249 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.95% first-year return on $117k initial cash invested.

-14.95%

Cash On Cash

2.47%

Cap Rate

0.42

DSCR

$2,469

Rent

-$1,463

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$474k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,700

Closing costs

1%

$4,735

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,469

Total Expenses

$3,932

Mortgage P&I

95%

$2,339

Property Taxes

9%

$233

Home Insurance

7%

$175

HOA

0%

$0

Property Management

15%

$370

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$617

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis