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3662 W Mount Zion Road, Salem, IN 47167

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Airbnb investment with a projected -12.29% first-year return on $87,909 initial cash invested.

-12.29%

Cash On Cash

2.93%

Cap Rate

0.5

DSCR

$2,079

Rent

-$900

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,079 income − $2,979 expenses = $900 out of pocket

Income$2,079Out of Pocket$900Mortgage P&I$1,62978%Property Taxes$23611%Insurance$1166%Management$31215%CapEx$834%Maintenance$834%Other$52025%

Investment Breakdown

|

Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,909

Downpayment

20%

$66,580

Closing costs

1%

$3,329

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,079

Total Expenses

$2,979

Mortgage P&I

78%

$1,629

Property Taxes

11%

$236

Home Insurance

6%

$116

HOA

0%

$0

Property Management

15%

$312

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$520

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