REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

57120 Bluff Crest Dr, Elkhart, IN 46516

4 beds • 3 baths • 4434 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.22% first-year return on $118k initial cash invested.

-9.22%

Cash On Cash

3.85%

Cap Rate

0.65

DSCR

$3,429

Rent

-$906

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$89,440

Closing costs

1%

$4,472

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$3,429

Total Expenses

$4,335

Mortgage P&I

64%

$2,205

Property Taxes

10%

$327

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$514

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$857

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Sunset Point-Riverfront,SwimSpa,1Gb WiFi,30 Min ND

$9,280

$526

4

2

3.06 mi

Peaceful Riverfront Home

$2,981

$169

3

2.5

0.86 mi

The Dahlia~countryside~3 BR~ND

$2,558

$145

3

2

2.77 mi

Elkhart Haven: Cozy Family Retreat

$3,599

$204

3

2

2.96 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis