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5025 E 13th Ave, Gary, IN 46403

3 beds • 2 baths • 1600 sqft

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This property could be a profitable Airbnb investment with a projected 10.12% first-year return on $51,012 initial cash invested.

10.12%

Cash On Cash

10.07%

Cap Rate

1.68

DSCR

$2,597

Rent

$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$157k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,012

Downpayment

20%

$31,440

Closing costs

1%

$1,572

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,597

Total Expenses

$2,167

Mortgage P&I

30%

$785

Property Taxes

4%

$107

Home Insurance

1%

$28

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$649

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