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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 -14.54% first-year return on $87,909 initial cash invested.

-14.54%

Cash On Cash

2.29%

Cap Rate

0.39

DSCR

$1,764

Rent

-$1,065

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,764 income − $2,829 expenses = $1,065 out of pocket

Income$1,764Out of Pocket$1,065Mortgage P&I$1,62992%Property Taxes$23613%Insurance$1167%Management$26515%CapEx$714%Maintenance$714%Other$44125%

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

$1,764

Total Expenses

$2,829

Mortgage P&I

92%

$1,629

Property Taxes

13%

$236

Home Insurance

7%

$116

HOA

0%

$0

Property Management

15%

$265

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$441

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