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819 Prosperity Ave, Evansville, IN 47713

3 beds • 2 baths • 2653 sqft

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This property looks like a bad Airbnb investment with a projected -1.32% first-year return on $65,565 initial cash invested.

-1.32%

Cash On Cash

6.5%

Cap Rate

1.03

DSCR

$2,573

Rent

-$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$227k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,565

Downpayment

20%

$45,300

Closing costs

1%

$2,265

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,573

Total Expenses

$2,645

Mortgage P&I

46%

$1,195

Property Taxes

5%

$135

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$643

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