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6839 Missouri Ave, Hammond, IN 46323

3 beds • 3 baths • 1826 sqft

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This property looks like a bad Airbnb investment with a projected -11.13% first-year return on $91,332 initial cash invested.

-11.13%

Cash On Cash

3.23%

Cap Rate

0.55

DSCR

$1,935

Rent

-$847

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,935 income − $2,782 expenses = $847 out of pocket

Income$1,935Out of Pocket$847Mortgage P&I$1,71088%Property Taxes$221%Insurance$1226%Management$29015%CapEx$774%Maintenance$774%Other$48425%

Investment Breakdown

|

Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,332

Downpayment

20%

$69,840

Closing costs

1%

$3,492

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,935

Total Expenses

$2,782

Mortgage P&I

88%

$1,710

Property Taxes

1%

$22

Home Insurance

6%

$122

HOA

0%

$0

Property Management

15%

$290

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$484

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