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7433 Acorn Dr, Newburgh, IN 47630

3 beds • 2 baths • 1874 sqft

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This property looks like a bad Airbnb investment with a projected -6.25% first-year return on $76,065 initial cash invested.

-6.25%

Cash On Cash

4.59%

Cap Rate

0.78

DSCR

$2,270

Rent

-$396

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,270 income − $2,666 expenses = $396 out of pocket

Income$2,270Out of Pocket$396Mortgage P&I$1,36360%Property Taxes$1135%Insurance$1004%Management$34015%CapEx$914%Maintenance$914%Other$56825%

Investment Breakdown

|

Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,065

Downpayment

20%

$55,300

Closing costs

1%

$2,765

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,270

Total Expenses

$2,666

Mortgage P&I

60%

$1,363

Property Taxes

5%

$113

Home Insurance

4%

$100

HOA

0%

$0

Property Management

15%

$340

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$568

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