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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 -6.62% first-year return on $83,520 initial cash invested.

-6.62%

Cash On Cash

4.87%

Cap Rate

0.78

DSCR

$2,818

Rent

-$461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,818 income − $3,279 expenses = $461 out of pocket

Income$2,818Out of Pocket$461Mortgage P&I$1,61457%Property Taxes$2037%Insurance$1094%Management$42315%CapEx$1134%Maintenance$1134%Other$70425%

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

$2,818

Total Expenses

$3,279

Mortgage P&I

57%

$1,614

Property Taxes

7%

$203

Home Insurance

4%

$109

HOA

0%

$0

Property Management

15%

$423

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$704

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