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722 Waxwing Ct, Roanoke, IN 46783

3 beds • 2 baths • 1776 sqft

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This property looks like a bad Airbnb investment with a projected -16.34% first-year return on $107k initial cash invested.

-16.34%

Cash On Cash

2.21%

Cap Rate

0.36

DSCR

$2,308

Rent

-$1,460

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,308 income − $3,768 expenses = $1,460 out of pocket

Income$2,308Out of Pocket$1,460Mortgage P&I$2,15193%Property Taxes$32014%Insurance$1496%HOA$412%Management$34615%CapEx$924%Maintenance$924%Other$57725%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,980

Closing costs

1%

$4,249

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,308

Total Expenses

$3,768

Mortgage P&I

93%

$2,151

Property Taxes

14%

$320

Home Insurance

6%

$149

HOA

2%

$41

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$577

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