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906 Washington Way, Memphis, IN 47143

3 beds • 2 baths • 1152 sqft

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This property could be a profitable Airbnb investment with a projected 28.93% first-year return on $47,253 initial cash invested.

28.93%

Cash On Cash

17.52%

Cap Rate

2.75

DSCR

$3,898

Rent

$1,139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,898 income − $2,759 expenses = $1,139 cash flow

Income$3,898Mortgage P&I$73919%Property Taxes$1003%Insurance$491%Management$58515%CapEx$1564%Maintenance$1564%Other$97425%Cash Flow$1,139

Investment Breakdown

|

Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,253

Downpayment

20%

$27,860

Closing costs

1%

$1,393

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$3,898

Total Expenses

$2,759

Mortgage P&I

19%

$739

Property Taxes

3%

$100

Home Insurance

1%

$49

HOA

0%

$0

Property Management

15%

$585

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$974

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