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3675 NE Shadeland Rd, Marion, IN 46952

3 beds • 3 baths • 2624 sqft

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This property might be a fair Airbnb investment with a projected 7.29% first-year return on $66,300 initial cash invested.

7.29%

Cash On Cash

9.24%

Cap Rate

1.44

DSCR

$3,476

Rent

$403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,476 income − $3,073 expenses = $403 cash flow

Income$3,476Mortgage P&I$1,22935%Property Taxes$963%Insurance$802%Management$52115%CapEx$1394%Maintenance$1394%Other$86925%Cash Flow$403

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,476

Total Expenses

$3,073

Mortgage P&I

35%

$1,229

Property Taxes

3%

$96

Home Insurance

2%

$80

HOA

0%

$0

Property Management

15%

$521

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$869

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