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51822 Currant Rd, Granger, IN 46530

3 beds • 2 baths • 2232 sqft

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This property looks like a bad Airbnb investment with a projected -3.95% first-year return on $77,850 initial cash invested.

-3.95%

Cash On Cash

5.41%

Cap Rate

0.9

DSCR

$2,709

Rent

-$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,709 income − $2,965 expenses = $256 out of pocket

Income$2,709Out of Pocket$256Mortgage P&I$1,43353%Property Taxes$1335%Insurance$1004%Management$40615%CapEx$1084%Maintenance$1084%Other$67725%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,709

Total Expenses

$2,965

Mortgage P&I

53%

$1,433

Property Taxes

5%

$133

Home Insurance

4%

$100

HOA

0%

$0

Property Management

15%

$406

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$677

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