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718 Forsythia St SE, Demotte, IN 46310

3 beds • 2 baths • 1690 sqft

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This property looks like a bad Airbnb investment with a projected -8.41% first-year return on $85,200 initial cash invested.

-8.41%

Cash On Cash

4.1%

Cap Rate

0.69

DSCR

$2,359

Rent

-$597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,359 income − $2,956 expenses = $597 out of pocket

Income$2,359Out of Pocket$597Mortgage P&I$1,59768%Property Taxes$1155%Insurance$1125%Management$35415%CapEx$944%Maintenance$944%Other$59025%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,359

Total Expenses

$2,956

Mortgage P&I

68%

$1,597

Property Taxes

5%

$115

Home Insurance

5%

$112

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$590

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