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52035 County Road 9, Elkhart, IN 46514

3 beds • 2 baths • 1656 sqft

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This property looks like a bad Airbnb investment with a projected -0.41% first-year return on $70,290 initial cash invested.

-0.41%

Cash On Cash

6.96%

Cap Rate

1.07

DSCR

$3,079

Rent

-$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,079 income − $3,103 expenses = $24 out of pocket

Income$3,079Out of Pocket$24Mortgage P&I$1,34544%Property Taxes$1936%Insurance$873%Management$46215%CapEx$1234%Maintenance$1234%Other$77025%

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,079

Total Expenses

$3,103

Mortgage P&I

44%

$1,345

Property Taxes

6%

$193

Home Insurance

3%

$87

HOA

0%

$0

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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