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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 -21.93% first-year return on $175k initial cash invested.

-21.93%

Cash On Cash

1.37%

Cap Rate

0.22

DSCR

$2,946

Rent

-$3,207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,946 income − $6,153 expenses = $3,207 out of pocket

Income$2,946Out of Pocket$3,207Mortgage P&I$3,943134%Property Taxes$53418%Insurance$2629%Management$44215%CapEx$1184%Maintenance$1184%Other$73625%

Investment Breakdown

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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

$2,946

Total Expenses

$6,153

Mortgage P&I

134%

$3,943

Property Taxes

18%

$534

Home Insurance

9%

$262

HOA

0%

$0

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$736

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