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8300 Aster Ln, Evansville, IN 47712

3 beds • 2 baths • 1398 sqft

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This property looks like a bad Airbnb investment with a projected -16.44% first-year return on $76,779 initial cash invested.

-16.44%

Cash On Cash

2.39%

Cap Rate

0.36

DSCR

$1,488

Rent

-$1,052

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,488 income − $2,540 expenses = $1,052 out of pocket

Income$1,488Out of Pocket$1,052Mortgage P&I$1,550104%Property Taxes$17712%Insurance$987%Management$22315%CapEx$604%Maintenance$604%Other$37225%

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,488

Total Expenses

$2,540

Mortgage P&I

104%

$1,550

Property Taxes

12%

$177

Home Insurance

7%

$98

HOA

0%

$0

Property Management

15%

$223

CapEx

4%

$60

Vacancy

0%

$0

Maintenance

4%

$60

Other

25%

$372

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