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60215 Ruby St, South Bend, IN 46614

3 beds • 2 baths • 1197 sqft

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This property could be a profitable Airbnb investment with a projected 16.44% first-year return on $51,390 initial cash invested.

16.44%

Cash On Cash

12.74%

Cap Rate

1.99

DSCR

$3,376

Rent

$704

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,390

Downpayment

20%

$31,800

Closing costs

1%

$1,590

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,376

Total Expenses

$2,672

Mortgage P&I

25%

$849

Property Taxes

4%

$147

Home Insurance

2%

$56

HOA

0%

$0

Property Management

15%

$506

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$844

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