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6301 Defiance Ave, Portage, IN 46368

3 beds • 2 baths • 2636 sqft

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This property looks like a bad Airbnb investment with a projected -11.31% first-year return on $91,479 initial cash invested.

-11.31%

Cash On Cash

3.43%

Cap Rate

0.57

DSCR

$2,808

Rent

-$862

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,808

Total Expenses

$3,670

Mortgage P&I

62%

$1,749

Property Taxes

16%

$452

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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