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397 E 1300 N, Chesterton, IN 46304

3 beds • 3 baths • 1941 sqft

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This property looks like a bad Airbnb investment with a projected -16.33% first-year return on $91,500 initial cash invested.

-16.33%

Cash On Cash

1.91%

Cap Rate

0.32

DSCR

$1,570

Rent

-$1,245

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,570 income − $2,815 expenses = $1,245 out of pocket

Income$1,570Out of Pocket$1,245Mortgage P&I$1,739111%Property Taxes$20013%Insurance$1228%Management$23615%CapEx$634%Maintenance$634%Other$39225%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.3%

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

$1,570

Total Expenses

$2,815

Mortgage P&I

111%

$1,739

Property Taxes

13%

$200

Home Insurance

8%

$122

HOA

0%

$0

Property Management

15%

$236

CapEx

4%

$63

Vacancy

0%

$0

Maintenance

4%

$63

Other

25%

$392

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