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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 5.38% first-year return on $104k initial cash invested.

5.38%

Cash On Cash

8%

Cap Rate

1.33

DSCR

$5,283

Rent

$467

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,283 income − $4,816 expenses = $467 cash flow

Income$5,283Mortgage P&I$2,05839%Property Taxes$731%Insurance$1503%Management$79215%CapEx$2114%Maintenance$2114%Other$1,32125%Cash Flow$467

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

$5,283

Total Expenses

$4,816

Mortgage P&I

39%

$2,058

Property Taxes

1%

$73

Home Insurance

3%

$150

HOA

0%

$0

Property Management

15%

$792

CapEx

4%

$211

Vacancy

0%

$0

Maintenance

4%

$211

Other

25%

$1,321

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