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8902 S 900 E, Walkerton, IN 46574

3 beds • 2 baths • 1888 sqft

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This property looks like a bad Airbnb investment with a projected -13.76% first-year return on $86,250 initial cash invested.

-13.76%

Cash On Cash

2.53%

Cap Rate

0.42

DSCR

$1,508

Rent

-$989

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,508 income − $2,497 expenses = $989 out of pocket

Income$1,508Out of Pocket$989Mortgage P&I$1,615107%Property Taxes$453%Insurance$1148%Management$22615%CapEx$604%Maintenance$604%Other$37725%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,508

Total Expenses

$2,497

Mortgage P&I

107%

$1,615

Property Taxes

3%

$45

Home Insurance

8%

$114

HOA

0%

$0

Property Management

15%

$226

CapEx

4%

$60

Vacancy

0%

$0

Maintenance

4%

$60

Other

25%

$377

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