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6816 Salem Ridge Rd, Aurora, IN 47001

3 beds • 2 baths • 1844 sqft

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This property looks like a bad Airbnb investment with a projected -14.41% first-year return on $108k initial cash invested.

-14.41%

Cash On Cash

2.66%

Cap Rate

0.44

DSCR

$2,263

Rent

-$1,300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,263 income − $3,563 expenses = $1,300 out of pocket

Income$2,263Out of Pocket$1,300Mortgage P&I$2,16195%Property Taxes$1657%Insurance$1507%Management$33915%CapEx$914%Maintenance$914%Other$56625%

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,980

Closing costs

1%

$4,299

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,263

Total Expenses

$3,563

Mortgage P&I

95%

$2,161

Property Taxes

7%

$165

Home Insurance

7%

$150

HOA

0%

$0

Property Management

15%

$339

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$566

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