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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 -13% first-year return on $87,909 initial cash invested.

-13%

Cash On Cash

2.73%

Cap Rate

0.46

DSCR

$1,978

Rent

-$952

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$1,978

Total Expenses

$2,930

Mortgage P&I

82%

$1,629

Property Taxes

12%

$236

Home Insurance

6%

$116

HOA

0%

$0

Property Management

15%

$297

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$494

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