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54229 County Road 1, Elkhart, IN 46514

3 beds • 2 baths • 3082 sqft

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This property looks like a bad Airbnb investment with a projected -21.47% first-year return on $175k initial cash invested.

-21.47%

Cash On Cash

1.48%

Cap Rate

0.24

DSCR

$3,076

Rent

-$3,139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,076 income − $6,215 expenses = $3,139 out of pocket

Income$3,076Out of Pocket$3,139Mortgage P&I$3,943128%Property Taxes$53417%Insurance$2629%Management$46115%CapEx$1234%Maintenance$1234%Other$76925%

Investment Breakdown

|

Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,499

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,076

Total Expenses

$6,215

Mortgage P&I

128%

$3,943

Property Taxes

17%

$534

Home Insurance

9%

$262

HOA

0%

$0

Property Management

15%

$461

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$769

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