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8540 Castle Ridge Ln, Indianapolis, IN 46256

3 beds • 3 baths • 3078 sqft

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This property looks like a bad Airbnb investment with a projected -20.01% first-year return on $95,238 initial cash invested.

-20.01%

Cash On Cash

0.99%

Cap Rate

0.16

DSCR

$1,037

Rent

-$1,588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,037 income − $2,625 expenses = $1,588 out of pocket

Income$1,037Out of Pocket$1,588Mortgage P&I$1,849178%Property Taxes$14814%Insurance$13113%Management$15615%CapEx$414%Maintenance$414%Other$25925%

Investment Breakdown

|

Purchase Price

$368k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,238

Downpayment

20%

$73,560

Closing costs

1%

$3,678

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,037

Total Expenses

$2,625

Mortgage P&I

178%

$1,849

Property Taxes

14%

$148

Home Insurance

13%

$131

HOA

0%

$0

Property Management

15%

$156

CapEx

4%

$41

Vacancy

0%

$0

Maintenance

4%

$41

Other

25%

$259

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