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8611 Burdette Drive, Charlestown, IN 47111

3 beds • 3 baths • 2800 sqft

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This property looks like a bad Airbnb investment with a projected -7.37% first-year return on $112k initial cash invested.

-7.37%

Cash On Cash

4.58%

Cap Rate

0.76

DSCR

$3,578

Rent

-$690

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,578 income − $4,268 expenses = $690 out of pocket

Income$3,578Out of Pocket$690Mortgage P&I$2,26263%Property Taxes$1755%Insurance$1143%Management$53715%CapEx$1434%Maintenance$1434%Other$89425%

Investment Breakdown

|

Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,820

Closing costs

1%

$4,491

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,578

Total Expenses

$4,268

Mortgage P&I

63%

$2,262

Property Taxes

5%

$175

Home Insurance

3%

$114

HOA

0%

$0

Property Management

15%

$537

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$894

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