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620 Roseview Terrace, New Albany, IN 47150

3 beds • 2 baths • 2530 sqft

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This property looks like a bad Airbnb investment with a projected -1.89% first-year return on $73,818 initial cash invested.

-1.89%

Cash On Cash

5.85%

Cap Rate

0.99

DSCR

$2,736

Rent

-$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,736 income − $2,852 expenses = $116 out of pocket

Income$2,736Out of Pocket$116Mortgage P&I$1,30248%Property Taxes$1375%Insurance$1014%Management$41015%CapEx$1094%Maintenance$1094%Other$68425%

Investment Breakdown

|

Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,818

Downpayment

20%

$53,160

Closing costs

1%

$2,658

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,736

Total Expenses

$2,852

Mortgage P&I

48%

$1,302

Property Taxes

5%

$137

Home Insurance

4%

$101

HOA

0%

$0

Property Management

15%

$410

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$684

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