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6110 Colorado St, Hobart, IN 46342

3 beds • 2 baths • 3172 sqft

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This property looks like a bad Airbnb investment with a projected -7.58% first-year return on $96,750 initial cash invested.

-7.58%

Cash On Cash

4.83%

Cap Rate

0.76

DSCR

$3,319

Rent

-$611

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,319 income − $3,930 expenses = $611 out of pocket

Income$3,319Out of Pocket$611Mortgage P&I$1,98660%Property Taxes$2156%Insurance$1354%Management$49815%CapEx$1334%Maintenance$1334%Other$83025%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,319

Total Expenses

$3,930

Mortgage P&I

60%

$1,986

Property Taxes

6%

$215

Home Insurance

4%

$135

HOA

0%

$0

Property Management

15%

$498

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$830

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