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4376 Garden Oak Dr, South Bend, IN 46628

3 beds • 2 baths • 1575 sqft

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This property looks like a bad Airbnb investment with a projected -2.2% first-year return on $121k initial cash invested.

-2.2%

Cash On Cash

5.73%

Cap Rate

0.99

DSCR

$5,095

Rent

-$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,980

Closing costs

1%

$4,899

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,095

Total Expenses

$5,317

Mortgage P&I

46%

$2,357

Property Taxes

7%

$342

Home Insurance

3%

$172

HOA

0%

$0

Property Management

15%

$764

CapEx

4%

$204

Vacancy

0%

$0

Maintenance

4%

$204

Other

25%

$1,274

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