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9290 S County Road 200 W, Muncie, IN 47302

3 beds • 2 baths • 2116 sqft

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This property looks like a bad Airbnb investment with a projected -11.48% first-year return on $88,329 initial cash invested.

-11.48%

Cash On Cash

3.64%

Cap Rate

0.57

DSCR

$2,314

Rent

-$845

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,314 income − $3,159 expenses = $845 out of pocket

Income$2,314Out of Pocket$845Mortgage P&I$1,76876%Property Taxes$1637%Insurance$1175%Management$34715%CapEx$934%Maintenance$934%Other$57825%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,314

Total Expenses

$3,159

Mortgage P&I

76%

$1,768

Property Taxes

7%

$163

Home Insurance

5%

$117

HOA

0%

$0

Property Management

15%

$347

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$578

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