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9765 Beacon Pointe Ln, Cedar Lake, IN 46303

3 beds • 3 baths • 2739 sqft

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This property looks like a bad Airbnb investment with a projected -17.39% first-year return on $138k initial cash invested.

-17.39%

Cash On Cash

2.16%

Cap Rate

0.36

DSCR

$3,242

Rent

-$1,995

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,242 income − $5,237 expenses = $1,995 out of pocket

Income$3,242Out of Pocket$1,995Mortgage P&I$2,89389%Property Taxes$56617%Insurance$2016%HOA$211%Management$48615%CapEx$1304%Maintenance$1304%Other$81025%

Investment Breakdown

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Purchase Price

$570k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,698

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,242

Total Expenses

$5,237

Mortgage P&I

89%

$2,893

Property Taxes

17%

$566

Home Insurance

6%

$201

HOA

1%

$21

Property Management

15%

$486

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$810

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