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57954 Pear Rd, South Bend, IN 46619

3 beds • 2 baths • 1665 sqft

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This property looks like a bad Airbnb investment with a projected -12.35% first-year return on $89,862 initial cash invested.

-12.35%

Cash On Cash

3.26%

Cap Rate

0.53

DSCR

$2,532

Rent

-$925

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,532 income − $3,457 expenses = $925 out of pocket

Income$2,532Out of Pocket$925Mortgage P&I$1,75369%Property Taxes$36714%Insurance$1225%Management$38015%CapEx$1014%Maintenance$1014%Other$63325%

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,862

Downpayment

20%

$68,440

Closing costs

1%

$3,422

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,532

Total Expenses

$3,457

Mortgage P&I

69%

$1,753

Property Taxes

14%

$367

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$380

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$633

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