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7688 Vann Rd, Newburgh, IN 47630

3 beds • 2 baths • 2724 sqft

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This property looks like a bad Airbnb investment with a projected -19.49% first-year return on $133k initial cash invested.

-19.49%

Cash On Cash

1.43%

Cap Rate

0.24

DSCR

$1,744

Rent

-$2,168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,744 income − $3,912 expenses = $2,168 out of pocket

Income$1,744Out of Pocket$2,168Mortgage P&I$2,755158%Property Taxes$1277%Insurance$19211%Management$26215%CapEx$704%Maintenance$704%Other$43625%

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,499

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,744

Total Expenses

$3,912

Mortgage P&I

158%

$2,755

Property Taxes

7%

$127

Home Insurance

11%

$192

HOA

0%

$0

Property Management

15%

$262

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$436

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