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7816 Danube St, Indianapolis, IN 46239

4 beds • 3 baths • 2152 sqft

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This property looks like a bad Airbnb investment with a projected -2.31% first-year return on $84,795 initial cash invested.

-2.31%

Cash On Cash

5.62%

Cap Rate

0.97

DSCR

$3,026

Rent

-$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,795

Downpayment

20%

$57,900

Closing costs

1%

$2,895

Rehab

0%

$0

Furnishing

8%

$24,000

Cashflow

Total Income

$3,026

Total Expenses

$3,189

Mortgage P&I

46%

$1,397

Property Taxes

7%

$220

Home Insurance

3%

$101

HOA

1%

$19

Property Management

15%

$454

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$756

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

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3

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4

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1.3 mi

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2

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0.9 mi

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5

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2

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0.9 mi

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$2,850

$285

5

4

0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

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