REI Lense

REI Lense

Unlock all features! Tap here to upgrade

822 Laurel St, Elkhart, IN 46514

3 beds • 2 baths • 1613 sqft

Email

This property might be a fair Airbnb investment with a projected 0.57% first-year return on $61,491 initial cash invested.

0.57%

Cash On Cash

7.51%

Cap Rate

1.12

DSCR

$2,631

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,631 income − $2,602 expenses = $29 cash flow

Income$2,631Mortgage P&I$1,16244%Property Taxes$1014%Insurance$763%Management$39515%CapEx$1054%Maintenance$1054%Other$65825%Cash Flow$29

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,491

Downpayment

20%

$41,420

Closing costs

1%

$2,071

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,631

Total Expenses

$2,602

Mortgage P&I

44%

$1,162

Property Taxes

4%

$101

Home Insurance

3%

$76

HOA

0%

$0

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis