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6669 Eugene Ave, Portage, IN 46368

3 beds • 3 baths • 3528 sqft

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This property looks like a bad Airbnb investment with a projected -8.73% first-year return on $89,652 initial cash invested.

-8.73%

Cash On Cash

4.11%

Cap Rate

0.68

DSCR

$2,760

Rent

-$652

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,760 income − $3,412 expenses = $652 out of pocket

Income$2,760Out of Pocket$652Mortgage P&I$1,71062%Property Taxes$2569%Insurance$1224%Management$41415%CapEx$1104%Maintenance$1104%Other$69025%

Investment Breakdown

|

Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,652

Downpayment

20%

$68,240

Closing costs

1%

$3,412

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,760

Total Expenses

$3,412

Mortgage P&I

62%

$1,710

Property Taxes

9%

$256

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$414

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$690

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