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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 -18.82% first-year return on $91,479 initial cash invested.

-18.82%

Cash On Cash

1.31%

Cap Rate

0.22

DSCR

$1,706

Rent

-$1,435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,706 income − $3,141 expenses = $1,435 out of pocket

Income$1,706Out of Pocket$1,435Mortgage P&I$1,749103%Property Taxes$45226%Insurance$1227%Management$25615%CapEx$684%Maintenance$684%Other$42625%

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

$1,706

Total Expenses

$3,141

Mortgage P&I

103%

$1,749

Property Taxes

26%

$452

Home Insurance

7%

$122

HOA

0%

$0

Property Management

15%

$256

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$426

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