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918 E Fox St, South Bend, IN 46613

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Airbnb investment with a projected -8.93% first-year return on $47,190 initial cash invested.

-8.93%

Cash On Cash

3.68%

Cap Rate

0.58

DSCR

$1,018

Rent

-$351

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,018 income − $1,369 expenses = $351 out of pocket

Income$1,018Out of Pocket$351Mortgage P&I$73672%Property Taxes$10010%Insurance$444%Management$15315%CapEx$414%Maintenance$414%Other$25425%

Investment Breakdown

|

Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,190

Downpayment

20%

$27,800

Closing costs

1%

$1,390

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,018

Total Expenses

$1,369

Mortgage P&I

72%

$736

Property Taxes

10%

$100

Home Insurance

4%

$44

HOA

0%

$0

Property Management

15%

$153

CapEx

4%

$41

Vacancy

0%

$0

Maintenance

4%

$41

Other

25%

$254

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