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56235 Hollingshead Dr, Mishawaka, IN 46545

3 beds • 2 baths • 2862 sqft

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This property looks like a bad Airbnb investment with a projected -18.17% first-year return on $98,472 initial cash invested.

-18.17%

Cash On Cash

1.56%

Cap Rate

0.26

DSCR

$1,507

Rent

-$1,491

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,507 income − $2,998 expenses = $1,491 out of pocket

Income$1,507Out of Pocket$1,491Mortgage P&I$1,929128%Property Taxes$21014%Insurance$1369%Management$22615%CapEx$604%Maintenance$604%Other$37725%

Investment Breakdown

|

Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,472

Downpayment

20%

$76,640

Closing costs

1%

$3,832

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,507

Total Expenses

$2,998

Mortgage P&I

128%

$1,929

Property Taxes

14%

$210

Home Insurance

9%

$136

HOA

0%

$0

Property Management

15%

$226

CapEx

4%

$60

Vacancy

0%

$0

Maintenance

4%

$60

Other

25%

$377

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