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56435 County Road 1, Elkhart, IN 46516

2 beds • 1 baths • 960 sqft

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This property might be a fair Airbnb investment with a projected 7.78% first-year return on $47,679 initial cash invested.

7.78%

Cash On Cash

9.18%

Cap Rate

1.46

DSCR

$2,556

Rent

$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,679

Downpayment

20%

$33,980

Closing costs

1%

$1,699

Rehab

0%

$0

Furnishing

7%

$12,000

Cashflow

Total Income

$2,556

Total Expenses

$2,247

Mortgage P&I

35%

$889

Property Taxes

3%

$72

Home Insurance

2%

$60

HOA

0%

$0

Property Management

15%

$383

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$639

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