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6024 Benchmark II Drive, Floyds Knobs, IN 47119

3 beds • 4 baths • 5217 sqft

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This property looks like a bad Airbnb investment with a projected -14.21% first-year return on $189k initial cash invested.

-14.21%

Cash On Cash

3.05%

Cap Rate

0.5

DSCR

$5,082

Rent

-$2,239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,082 income − $7,321 expenses = $2,239 out of pocket

Income$5,082Out of Pocket$2,239Mortgage P&I$4,11081%Property Taxes$4759%Insurance$2986%Management$76215%CapEx$2034%Maintenance$2034%Other$1,27025%

Investment Breakdown

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Purchase Price

$815k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$163k

Closing costs

1%

$8,147

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,082

Total Expenses

$7,321

Mortgage P&I

81%

$4,110

Property Taxes

9%

$475

Home Insurance

6%

$298

HOA

0%

$0

Property Management

15%

$762

CapEx

4%

$203

Vacancy

0%

$0

Maintenance

4%

$203

Other

25%

$1,270

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