REI Lense

REI Lense

Unlock all features! Tap here to upgrade

51640 Meadow Pond Dr, Granger, IN 46530

3 beds • 4 baths • 4609 sqft

$1,150,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -25.09% first-year return on $260k initial cash invested.

-25.09%

Cash On Cash

0.77%

Cap Rate

0.12

DSCR

$2,838

Rent

-$5,426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,838 income − $8,264 expenses = $5,426 out of pocket

Income$2,838Out of Pocket$5,426Mortgage P&I$6,047213%Property Taxes$41815%Insurance$40214%HOA$331%Management$42615%CapEx$1144%Maintenance$1144%Other$71025%

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

$2,838

Total Expenses

$8,264

Mortgage P&I

213%

$6,047

Property Taxes

15%

$418

Home Insurance

14%

$402

HOA

1%

$33

Property Management

15%

$426

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$710

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis