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413 S Brook Ave, Mishawaka, IN 46544

3 beds • 3 baths • 2941 sqft

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This property looks like a bad Airbnb investment with a projected -1.75% first-year return on $83,478 initial cash invested.

-1.75%

Cash On Cash

6.17%

Cap Rate

1.01

DSCR

$3,593

Rent

-$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,593 income − $3,715 expenses = $122 out of pocket

Income$3,593Out of Pocket$122Mortgage P&I$1,58244%Property Taxes$2968%Insurance$1123%Management$53915%CapEx$1444%Maintenance$1444%Other$89825%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,478

Downpayment

20%

$62,360

Closing costs

1%

$3,118

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,593

Total Expenses

$3,715

Mortgage P&I

44%

$1,582

Property Taxes

8%

$296

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$539

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$898

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