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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 -19.42% first-year return on $123k initial cash invested.

-19.42%

Cash On Cash

1.4%

Cap Rate

0.23

DSCR

$1,693

Rent

-$1,990

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,693 income − $3,683 expenses = $1,990 out of pocket

Income$1,693Out of Pocket$1,990Mortgage P&I$2,505148%Property Taxes$19011%Insurance$17510%Management$25415%CapEx$684%Maintenance$684%Other$42325%

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

$1,693

Total Expenses

$3,683

Mortgage P&I

148%

$2,505

Property Taxes

11%

$190

Home Insurance

10%

$175

HOA

0%

$0

Property Management

15%

$254

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$423

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