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60952 County Road 113, Elkhart, IN 46517

3 beds • 2 baths • 2049 sqft

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This property looks like a bad Airbnb investment with a projected -10.72% first-year return on $117k initial cash invested.

-10.72%

Cash On Cash

3.61%

Cap Rate

0.61

DSCR

$3,474

Rent

-$1,043

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,020

Closing costs

1%

$4,701

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,474

Total Expenses

$4,517

Mortgage P&I

67%

$2,318

Property Taxes

10%

$362

Home Insurance

5%

$170

HOA

0%

$0

Property Management

15%

$521

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$868

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