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414 Central Ave, Lafayette, IN 47905

3 beds • 3 baths • 1504 sqft

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This property might be a fair Airbnb investment with a projected 4.82% first-year return on $71,466 initial cash invested.

4.82%

Cash On Cash

8.04%

Cap Rate

1.34

DSCR

$3,572

Rent

$287

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,572 income − $3,285 expenses = $287 cash flow

Income$3,572Mortgage P&I$1,27536%Property Taxes$2046%Insurance$913%Management$53615%CapEx$1434%Maintenance$1434%Other$89325%Cash Flow$287

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,466

Downpayment

20%

$50,920

Closing costs

1%

$2,546

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,572

Total Expenses

$3,285

Mortgage P&I

36%

$1,275

Property Taxes

6%

$204

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$536

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$893

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