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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 -18.69% first-year return on $170k initial cash invested.

-18.69%

Cash On Cash

1.86%

Cap Rate

0.31

DSCR

$2,980

Rent

-$2,651

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,980 income − $5,631 expenses = $2,651 out of pocket

Income$2,980Out of Pocket$2,651Mortgage P&I$3,658123%Property Taxes$2398%Insurance$2549%HOA$502%Management$44715%CapEx$1194%Maintenance$1194%Other$74525%

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

$2,980

Total Expenses

$5,631

Mortgage P&I

123%

$3,658

Property Taxes

8%

$239

Home Insurance

9%

$254

HOA

2%

$50

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$745

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