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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 -17.01% first-year return on $112k initial cash invested.

-17.01%

Cash On Cash

1.99%

Cap Rate

0.33

DSCR

$1,846

Rent

-$1,592

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,846 income − $3,438 expenses = $1,592 out of pocket

Income$1,846Out of Pocket$1,592Mortgage P&I$2,262123%Property Taxes$1759%Insurance$1146%Management$27715%CapEx$744%Maintenance$744%Other$46225%

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

$1,846

Total Expenses

$3,438

Mortgage P&I

123%

$2,262

Property Taxes

9%

$175

Home Insurance

6%

$114

HOA

0%

$0

Property Management

15%

$277

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$462

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