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8216 Berry Dr, Evansville, IN 47710

3 beds • 4 baths • 3351 sqft

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This property looks like a bad Airbnb investment with a projected -9.92% first-year return on $98,703 initial cash invested.

-9.92%

Cash On Cash

3.83%

Cap Rate

0.64

DSCR

$2,940

Rent

-$816

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,940 income − $3,756 expenses = $816 out of pocket

Income$2,940Out of Pocket$816Mortgage P&I$1,92666%Property Taxes$2669%Insurance$1525%Management$44115%CapEx$1184%Maintenance$1184%Other$73525%

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,703

Downpayment

20%

$76,860

Closing costs

1%

$3,843

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,940

Total Expenses

$3,756

Mortgage P&I

66%

$1,926

Property Taxes

9%

$266

Home Insurance

5%

$152

HOA

0%

$0

Property Management

15%

$441

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$735

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