REI Lense

REI Lense

Unlock all features! Tap here to upgrade

51318 Forest Rd, Elkhart, IN 46514

3 beds • 2 baths • 2192 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.48% first-year return on $186k initial cash invested.

-19.48%

Cash On Cash

1.75%

Cap Rate

0.29

DSCR

$3,357

Rent

-$3,012

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,357 income − $6,369 expenses = $3,012 out of pocket

Income$3,357Out of Pocket$3,012Mortgage P&I$4,043120%Property Taxes$42613%Insurance$2899%Management$50415%CapEx$1344%Maintenance$1344%Other$83925%

Investment Breakdown

|

Purchase Price

$798k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$7,979

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,357

Total Expenses

$6,369

Mortgage P&I

120%

$4,043

Property Taxes

13%

$426

Home Insurance

9%

$289

HOA

0%

$0

Property Management

15%

$504

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$839

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis