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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 -10.59% first-year return on $96,750 initial cash invested.

-10.59%

Cash On Cash

3.99%

Cap Rate

0.63

DSCR

$2,850

Rent

-$854

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,850 income − $3,704 expenses = $854 out of pocket

Income$2,850Out of Pocket$854Mortgage P&I$1,98670%Property Taxes$2158%Insurance$1355%Management$42815%CapEx$1144%Maintenance$1144%Other$71225%

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

$2,850

Total Expenses

$3,704

Mortgage P&I

70%

$1,986

Property Taxes

8%

$215

Home Insurance

5%

$135

HOA

0%

$0

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$712

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