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505 Southbrook Dr, Evansville, IN 47711

3 beds • 3 baths • 1888 sqft

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This property looks like a bad Airbnb investment with a projected -2.59% first-year return on $82,344 initial cash invested.

-2.59%

Cash On Cash

5.8%

Cap Rate

0.97

DSCR

$3,223

Rent

-$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,223 income − $3,401 expenses = $178 out of pocket

Income$3,223Out of Pocket$178Mortgage P&I$1,52947%Property Taxes$2157%Insurance$1103%Management$48315%CapEx$1294%Maintenance$1294%Other$80625%

Investment Breakdown

|

Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,344

Downpayment

20%

$61,280

Closing costs

1%

$3,064

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,223

Total Expenses

$3,401

Mortgage P&I

47%

$1,529

Property Taxes

7%

$215

Home Insurance

3%

$110

HOA

0%

$0

Property Management

15%

$483

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$806

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