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51679 Stoneham Way, Granger, IN 46530

3 beds • 3 baths • 2448 sqft

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This property looks like a bad Airbnb investment with a projected -19.82% first-year return on $115k initial cash invested.

-19.82%

Cash On Cash

1.27%

Cap Rate

0.21

DSCR

$1,940

Rent

-$1,892

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,940 income − $3,832 expenses = $1,892 out of pocket

Income$1,940Out of Pocket$1,892Mortgage P&I$2,299119%Property Taxes$25913%Insurance$1618%HOA$1819%Management$29115%CapEx$784%Maintenance$784%Other$48525%

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$91,980

Closing costs

1%

$4,599

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,940

Total Expenses

$3,832

Mortgage P&I

119%

$2,299

Property Taxes

13%

$259

Home Insurance

8%

$161

HOA

9%

$181

Property Management

15%

$291

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$485

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