REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8725 Hornady Dr, Indianapolis, IN 46239

3 beds • 2 baths • 1960 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.29% first-year return on $87,972 initial cash invested.

-13.29%

Cash On Cash

2.9%

Cap Rate

0.48

DSCR

$2,127

Rent

-$974

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,127 income − $3,101 expenses = $974 out of pocket

Income$2,127Out of Pocket$974Mortgage P&I$1,69480%Property Taxes$23811%Insurance$1196%HOA$291%Management$31915%CapEx$854%Maintenance$854%Other$53225%

Investment Breakdown

|

Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,972

Downpayment

20%

$66,640

Closing costs

1%

$3,332

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,127

Total Expenses

$3,101

Mortgage P&I

80%

$1,694

Property Taxes

11%

$238

Home Insurance

6%

$119

HOA

1%

$29

Property Management

15%

$319

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$532

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis