REI Lense

REI Lense

Unlock all features! Tap here to upgrade

505 Schroeder Ct, Lafayette, IN 47909

3 beds • 2 baths • 1038 sqft

Email

This property might be a fair Airbnb investment with a projected 3.4% first-year return on $73,692 initial cash invested.

3.4%

Cash On Cash

7.6%

Cap Rate

1.26

DSCR

$3,367

Rent

$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,367 income − $3,158 expenses = $209 cash flow

Income$3,367Mortgage P&I$1,33540%Property Taxes$1123%Insurance$943%Management$50515%CapEx$1354%Maintenance$1354%Other$84225%Cash Flow$209

Investment Breakdown

|

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

$3,367

Total Expenses

$3,158

Mortgage P&I

40%

$1,335

Property Taxes

3%

$112

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$505

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$842

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis