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7654 Monroe St, Merrillville, IN 46410

3 beds • 2 baths • 1635 sqft

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This property might be a fair Airbnb investment with a projected 0.07% first-year return on $68,001 initial cash invested.

0.07%

Cash On Cash

7.02%

Cap Rate

1.1

DSCR

$3,090

Rent

$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,090 income − $3,086 expenses = $4 cash flow

Income$3,090Mortgage P&I$1,26541%Property Taxes$2217%Insurance$843%HOA$321%Management$46415%CapEx$1244%Maintenance$1244%Other$77225%Cash Flow$4

Investment Breakdown

|

Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,001

Downpayment

20%

$47,620

Closing costs

1%

$2,381

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,090

Total Expenses

$3,086

Mortgage P&I

41%

$1,265

Property Taxes

7%

$221

Home Insurance

3%

$84

HOA

1%

$32

Property Management

15%

$464

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$772

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