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3941 Wirth Rd, Highland, IN 46322

3 beds • 2 baths • 2080 sqft

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This property looks like a bad Airbnb investment with a projected -7.62% first-year return on $91,500 initial cash invested.

-7.62%

Cash On Cash

4.46%

Cap Rate

0.74

DSCR

$2,828

Rent

-$581

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,828 income − $3,409 expenses = $581 out of pocket

Income$2,828Out of Pocket$581Mortgage P&I$1,77063%Property Taxes$1606%Insurance$1224%Management$42415%CapEx$1134%Maintenance$1134%Other$70725%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,828

Total Expenses

$3,409

Mortgage P&I

63%

$1,770

Property Taxes

6%

$160

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$424

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$707

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