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507 E Main Street, Madison, IN 47250

3 beds • 2 baths • 2164 sqft

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This property looks like a bad Airbnb investment with a projected -7.64% first-year return on $94,188 initial cash invested.

-7.64%

Cash On Cash

4.49%

Cap Rate

0.74

DSCR

$2,892

Rent

-$600

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,188

Downpayment

20%

$72,560

Closing costs

1%

$3,628

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,892

Total Expenses

$3,492

Mortgage P&I

64%

$1,841

Property Taxes

4%

$129

Home Insurance

5%

$133

HOA

0%

$0

Property Management

15%

$434

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$723

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