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8490 Hilltop Ln, Martinsville, IN 46151

3 beds • 2 baths • 1545 sqft

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This property might be a fair Airbnb investment with a projected 0.26% first-year return on $104k initial cash invested.

0.26%

Cash On Cash

6.6%

Cap Rate

1.1

DSCR

$4,430

Rent

$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,430 income − $4,407 expenses = $23 cash flow

Income$4,430Mortgage P&I$2,05846%Property Taxes$732%Insurance$1503%Management$66415%CapEx$1774%Maintenance$1774%Other$1,10825%Cash Flow$23

Investment Breakdown

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Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,100

Closing costs

1%

$4,105

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,430

Total Expenses

$4,407

Mortgage P&I

46%

$2,058

Property Taxes

2%

$73

Home Insurance

3%

$150

HOA

0%

$0

Property Management

15%

$664

CapEx

4%

$177

Vacancy

0%

$0

Maintenance

4%

$177

Other

25%

$1,108

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