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470 E Basalt Dr, Huntertown, IN 46748

3 beds • 3 baths • 2726 sqft

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This property looks like a bad Airbnb investment with a projected -16.66% first-year return on $224k initial cash invested.

-16.66%

Cash On Cash

2.5%

Cap Rate

0.41

DSCR

$4,342

Rent

-$3,107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,342 income − $7,449 expenses = $3,107 out of pocket

Income$4,342Out of Pocket$3,107Mortgage P&I$4,976115%Property Taxes$4Insurance$3438%HOA$411%Management$65115%CapEx$1744%Maintenance$1744%Other$1,08625%

Investment Breakdown

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Purchase Price

$980k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$224k

Downpayment

20%

$196k

Closing costs

1%

$9,799

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,342

Total Expenses

$7,449

Mortgage P&I

115%

$4,976

Property Taxes

0%

$4

Home Insurance

8%

$343

HOA

1%

$41

Property Management

15%

$651

CapEx

4%

$174

Vacancy

0%

$0

Maintenance

4%

$174

Other

25%

$1,086

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