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7475 Saddlebrook Court, Greenville, IN 47124

3 beds • 3 baths • 2577 sqft

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This property looks like a bad Airbnb investment with a projected -21.94% first-year return on $107k initial cash invested.

-21.94%

Cash On Cash

0.67%

Cap Rate

0.11

DSCR

$954

Rent

-$1,954

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$954 income − $2,908 expenses = $1,954 out of pocket

Income$954Out of Pocket$1,954Mortgage P&I$2,152226%Property Taxes$14916%Insurance$15016%Management$14315%CapEx$384%Maintenance$384%Other$23825%

Investment Breakdown

|

Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,640

Closing costs

1%

$4,232

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$954

Total Expenses

$2,908

Mortgage P&I

226%

$2,152

Property Taxes

16%

$149

Home Insurance

16%

$150

HOA

0%

$0

Property Management

15%

$143

CapEx

4%

$38

Vacancy

0%

$0

Maintenance

4%

$38

Other

25%

$238

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