REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8888 Classic View Dr, Indianapolis, IN 46217

3 beds • 3 baths • 2671 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.64% first-year return on $117k initial cash invested.

-16.64%

Cash On Cash

2.33%

Cap Rate

0.38

DSCR

$2,649

Rent

-$1,618

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,649 income − $4,267 expenses = $1,618 out of pocket

Income$2,649Out of Pocket$1,618Mortgage P&I$2,42692%Property Taxes$38915%Insurance$1646%HOA$171%Management$39715%CapEx$1064%Maintenance$1064%Other$66225%

Investment Breakdown

|

Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,000

Closing costs

1%

$4,700

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,649

Total Expenses

$4,267

Mortgage P&I

92%

$2,426

Property Taxes

15%

$389

Home Insurance

6%

$164

HOA

1%

$17

Property Management

15%

$397

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$662

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis