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8853 Briarclift Rd, Indianapolis, IN 46256

3 beds • 3 baths • 2339 sqft

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This property might be a fair Airbnb investment with a projected 2.41% first-year return on $107k initial cash invested.

2.41%

Cash On Cash

7%

Cap Rate

1.21

DSCR

$5,308

Rent

$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,308

Total Expenses

$5,093

Mortgage P&I

39%

$2,051

Property Taxes

7%

$346

Home Insurance

3%

$149

HOA

0%

$0

Property Management

15%

$796

CapEx

4%

$212

Vacancy

0%

$0

Maintenance

4%

$212

Other

25%

$1,327

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