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5101 Graceland Ave, Indianapolis, IN 46208

3 beds • 3 baths • 3313 sqft

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This property looks like a bad Airbnb investment with a projected -16.63% first-year return on $147k initial cash invested.

-16.63%

Cash On Cash

2.26%

Cap Rate

0.38

DSCR

$3,104

Rent

-$2,039

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$615k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,149

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,104

Total Expenses

$5,143

Mortgage P&I

99%

$3,072

Property Taxes

12%

$366

Home Insurance

7%

$215

HOA

0%

$0

Property Management

15%

$466

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$776

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Comparable Property

Rent

ADR

Beds

Baths

Distance

3 mins to Butler/Renovated Basement/Free Parking

$3,375

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3

2.5

0.57 mi

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$3,398

$294

3

2

0.22 mi

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$3,525

$305

3

2

0.46 mi

Newly Renovated Butler Retreat

$2,069

$179

3

2

0.48 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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