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6617 W Mill Rd, Evansville, IN 47720

3 beds • 2 baths • 2316 sqft

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This property looks like a bad Airbnb investment with a projected -5.38% first-year return on $78,900 initial cash invested.

-5.38%

Cash On Cash

4.99%

Cap Rate

0.82

DSCR

$2,439

Rent

-$354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,439

Total Expenses

$2,793

Mortgage P&I

60%

$1,461

Property Taxes

2%

$58

Home Insurance

4%

$102

HOA

0%

$0

Property Management

15%

$366

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$610

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