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505 Schroeder Ct, Lafayette, IN 47909

3 beds • 2 baths • 1038 sqft

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This property might be a fair Airbnb investment with a projected 3.03% first-year return on $73,692 initial cash invested.

3.03%

Cash On Cash

7.48%

Cap Rate

1.24

DSCR

$3,321

Rent

$186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,321 income − $3,135 expenses = $186 cash flow

Income$3,321Mortgage P&I$1,33540%Property Taxes$1123%Insurance$943%Management$49815%CapEx$1334%Maintenance$1334%Other$83025%Cash Flow$186

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,692

Downpayment

20%

$53,040

Closing costs

1%

$2,652

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,321

Total Expenses

$3,135

Mortgage P&I

40%

$1,335

Property Taxes

3%

$112

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$498

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$830

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