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8848 Clear Creek Dr, Evansville, IN 47711

3 beds • 2 baths • 2192 sqft

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This property looks like a bad Airbnb investment with a projected -5.49% first-year return on $85,641 initial cash invested.

-5.49%

Cash On Cash

4.9%

Cap Rate

0.83

DSCR

$2,970

Rent

-$392

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,641

Downpayment

20%

$64,420

Closing costs

1%

$3,221

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,970

Total Expenses

$3,362

Mortgage P&I

53%

$1,588

Property Taxes

8%

$233

Home Insurance

4%

$115

HOA

0%

$0

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$742

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