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403 W Wolfe St, Sullivan, IN 47882

3 beds • 3 baths • 3187 sqft

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This property looks like a bad Airbnb investment with a projected -5.42% first-year return on $69,576 initial cash invested.

-5.42%

Cash On Cash

4.8%

Cap Rate

0.82

DSCR

$2,344

Rent

-$314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,344 income − $2,658 expenses = $314 out of pocket

Income$2,344Out of Pocket$314Mortgage P&I$1,20351%Property Taxes$2079%Insurance$1225%Management$35215%CapEx$944%Maintenance$944%Other$58625%

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,576

Downpayment

20%

$49,120

Closing costs

1%

$2,456

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,344

Total Expenses

$2,658

Mortgage P&I

51%

$1,203

Property Taxes

9%

$207

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$586

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