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57353 Penny Ln, Elkhart, IN 46517

3 beds • 1 baths • 1036 sqft

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This property could be a profitable Airbnb investment with a projected 18.78% first-year return on $55,779 initial cash invested.

18.78%

Cash On Cash

13.16%

Cap Rate

2.1

DSCR

$3,972

Rent

$873

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,972

Total Expenses

$3,099

Mortgage P&I

24%

$941

Property Taxes

5%

$188

Home Insurance

2%

$63

HOA

0%

$0

Property Management

15%

$596

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$993

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