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829 E Woodside St, South Bend, IN 46614

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Airbnb investment with a projected -17.29% first-year return on $61,995 initial cash invested.

-17.29%

Cash On Cash

1.47%

Cap Rate

0.23

DSCR

$889

Rent

-$893

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$889 income − $1,782 expenses = $893 out of pocket

Income$889Out of Pocket$893Mortgage P&I$1,113125%Property Taxes$16919%Insurance$738%Management$13315%CapEx$364%Maintenance$364%Other$22225%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,995

Downpayment

20%

$41,900

Closing costs

1%

$2,095

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$889

Total Expenses

$1,782

Mortgage P&I

125%

$1,113

Property Taxes

19%

$169

Home Insurance

8%

$73

HOA

0%

$0

Property Management

15%

$133

CapEx

4%

$36

Vacancy

0%

$0

Maintenance

4%

$36

Other

25%

$222

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