REI Lense

REI Lense

Unlock all features! Tap here to upgrade

520 Chessie Ct, Garrett, IN 46738

3 beds • 2 baths • 1752 sqft

Email

This property looks like a bad Airbnb investment with a projected -12.84% first-year return on $77,850 initial cash invested.

-12.84%

Cash On Cash

2.75%

Cap Rate

0.46

DSCR

$1,582

Rent

-$833

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,582 income − $2,415 expenses = $833 out of pocket

Income$1,582Out of Pocket$833Mortgage P&I$1,42290%Property Taxes$1268%Insurance$1006%HOA$81%Management$23715%CapEx$634%Maintenance$634%Other$39625%

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

$1,582

Total Expenses

$2,415

Mortgage P&I

90%

$1,422

Property Taxes

8%

$126

Home Insurance

6%

$100

HOA

1%

$8

Property Management

15%

$237

CapEx

4%

$63

Vacancy

0%

$0

Maintenance

4%

$63

Other

25%

$396

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis