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7 Parkwood Dr, Logansport, IN 46947

3 beds • 2 baths • 2457 sqft

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This property looks like a bad Airbnb investment with a projected -15.55% first-year return on $97,548 initial cash invested.

-15.55%

Cash On Cash

2.27%

Cap Rate

0.38

DSCR

$1,908

Rent

-$1,264

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,908 income − $3,172 expenses = $1,264 out of pocket

Income$1,908Out of Pocket$1,264Mortgage P&I$1,904100%Property Taxes$21711%Insurance$1367%Management$28615%CapEx$764%Maintenance$764%Other$47725%

Investment Breakdown

|

Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,548

Downpayment

20%

$75,760

Closing costs

1%

$3,788

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,908

Total Expenses

$3,172

Mortgage P&I

100%

$1,904

Property Taxes

11%

$217

Home Insurance

7%

$136

HOA

0%

$0

Property Management

15%

$286

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$477

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