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4087 N Us Highway 35, Richmond, IN 47374

3 beds • 3 baths • 1960 sqft

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This property looks like a bad Airbnb investment with a projected -19.69% first-year return on $123k initial cash invested.

-19.69%

Cash On Cash

1.33%

Cap Rate

0.22

DSCR

$1,640

Rent

-$2,018

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,640 income − $3,658 expenses = $2,018 out of pocket

Income$1,640Out of Pocket$2,018Mortgage P&I$2,505153%Property Taxes$19012%Insurance$17511%Management$24615%CapEx$664%Maintenance$664%Other$41025%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,990

Closing costs

1%

$5,000

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,640

Total Expenses

$3,658

Mortgage P&I

153%

$2,505

Property Taxes

12%

$190

Home Insurance

11%

$175

HOA

0%

$0

Property Management

15%

$246

CapEx

4%

$66

Vacancy

0%

$0

Maintenance

4%

$66

Other

25%

$410

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