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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 -13.43% first-year return on $108k initial cash invested.

-13.43%

Cash On Cash

2.92%

Cap Rate

0.48

DSCR

$2,429

Rent

-$1,212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,429 income − $3,641 expenses = $1,212 out of pocket

Income$2,429Out of Pocket$1,212Mortgage P&I$2,16189%Property Taxes$1657%Insurance$1506%Management$36415%CapEx$974%Maintenance$974%Other$60725%

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

$2,429

Total Expenses

$3,641

Mortgage P&I

89%

$2,161

Property Taxes

7%

$165

Home Insurance

6%

$150

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$607

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