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7505 N Landings Trl, Muncie, IN 47303

3 beds • 4 baths • 5230 sqft

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This property looks like a bad Airbnb investment with a projected -17.94% first-year return on $170k initial cash invested.

-17.94%

Cash On Cash

2.05%

Cap Rate

0.34

DSCR

$3,183

Rent

-$2,545

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$145k

Closing costs

1%

$7,250

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,183

Total Expenses

$5,728

Mortgage P&I

115%

$3,658

Property Taxes

8%

$239

Home Insurance

8%

$254

HOA

2%

$50

Property Management

15%

$477

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$796

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