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6908 Mendenhall Rd, Indianapolis, IN 46221

3 beds • 3 baths • 2920 sqft

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This property looks like a bad Airbnb investment with a projected -10.21% first-year return on $84,129 initial cash invested.

-10.21%

Cash On Cash

3.51%

Cap Rate

0.6

DSCR

$2,348

Rent

-$716

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,129

Downpayment

20%

$62,980

Closing costs

1%

$3,149

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,348

Total Expenses

$3,064

Mortgage P&I

66%

$1,542

Property Taxes

12%

$285

Home Insurance

5%

$110

HOA

0%

$0

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$587

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