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51640 Meadow Pond Dr, Granger, IN 46530

3 beds • 4 baths • 4609 sqft

$1,150,000

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This property looks like a bad Airbnb investment with a projected -25.18% first-year return on $260k initial cash invested.

-25.18%

Cash On Cash

0.74%

Cap Rate

0.12

DSCR

$2,797

Rent

-$5,446

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,797 income − $8,243 expenses = $5,446 out of pocket

Income$2,797Out of Pocket$5,446Mortgage P&I$6,047216%Property Taxes$41815%Insurance$40214%HOA$331%Management$42015%CapEx$1124%Maintenance$1124%Other$69925%

Investment Breakdown

|

Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$260k

Downpayment

20%

$230k

Closing costs

1%

$11,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,797

Total Expenses

$8,243

Mortgage P&I

216%

$6,047

Property Taxes

15%

$418

Home Insurance

14%

$402

HOA

1%

$33

Property Management

15%

$420

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$699

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