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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 -2.77% first-year return on $83,478 initial cash invested.

-2.77%

Cash On Cash

5.88%

Cap Rate

0.97

DSCR

$3,455

Rent

-$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$3,455

Total Expenses

$3,648

Mortgage P&I

46%

$1,582

Property Taxes

9%

$296

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$518

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$864

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