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9140 Southport Dr, Evansville, IN 47711

3 beds • 3 baths • 2186 sqft

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This property looks like a bad Airbnb investment with a projected -8.56% first-year return on $83,520 initial cash invested.

-8.56%

Cash On Cash

4.31%

Cap Rate

0.69

DSCR

$2,556

Rent

-$596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,556 income − $3,152 expenses = $596 out of pocket

Income$2,556Out of Pocket$596Mortgage P&I$1,61463%Property Taxes$2038%Insurance$1094%Management$38315%CapEx$1024%Maintenance$1024%Other$63925%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,520

Downpayment

20%

$62,400

Closing costs

1%

$3,120

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,556

Total Expenses

$3,152

Mortgage P&I

63%

$1,614

Property Taxes

8%

$203

Home Insurance

4%

$109

HOA

0%

$0

Property Management

15%

$383

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$639

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