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57239 County Road 117, Goshen, IN 46528

3 beds • 2 baths • 2509 sqft

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This property looks like a bad Airbnb investment with a projected -4.32% first-year return on $76,590 initial cash invested.

-4.32%

Cash On Cash

5.03%

Cap Rate

0.87

DSCR

$2,569

Rent

-$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,569

Total Expenses

$2,845

Mortgage P&I

52%

$1,342

Property Taxes

7%

$172

Home Insurance

4%

$98

HOA

0%

$0

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$642

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