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6818 Trailside Ave, Portage, IN 46368

3 beds • 2 baths • 2137 sqft

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This property looks like a bad Airbnb investment with a projected -12.25% first-year return on $93,579 initial cash invested.

-12.25%

Cash On Cash

2.99%

Cap Rate

0.51

DSCR

$2,224

Rent

-$955

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,224 income − $3,179 expenses = $955 out of pocket

Income$2,224Out of Pocket$955Mortgage P&I$1,76279%Property Taxes$22310%Insurance$1266%Management$33415%CapEx$894%Maintenance$894%Other$55625%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,579

Downpayment

20%

$71,980

Closing costs

1%

$3,599

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,224

Total Expenses

$3,179

Mortgage P&I

79%

$1,762

Property Taxes

10%

$223

Home Insurance

6%

$126

HOA

0%

$0

Property Management

15%

$334

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$556

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