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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 -12.22% first-year return on $91,500 initial cash invested.

-12.22%

Cash On Cash

3.17%

Cap Rate

0.52

DSCR

$2,153

Rent

-$932

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,153 income − $3,085 expenses = $932 out of pocket

Income$2,153Out of Pocket$932Mortgage P&I$1,77082%Property Taxes$1607%Insurance$1226%Management$32315%CapEx$864%Maintenance$864%Other$53825%

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

$2,153

Total Expenses

$3,085

Mortgage P&I

82%

$1,770

Property Taxes

7%

$160

Home Insurance

6%

$122

HOA

0%

$0

Property Management

15%

$323

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$538

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