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1013 Washington Ave, Defiance, OH 43512

3 beds • 2 baths • 1744 sqft

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This property looks like a bad Airbnb investment with a projected -3.4% first-year return on $50,403 initial cash invested.

-3.4%

Cash On Cash

5.97%

Cap Rate

0.91

DSCR

$1,708

Rent

-$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,708 income − $1,851 expenses = $143 out of pocket

Income$1,708Out of Pocket$143Mortgage P&I$84249%Property Taxes$1277%Insurance$634%Management$25615%CapEx$684%Maintenance$684%Other$42725%

Investment Breakdown

|

Purchase Price

$154k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,403

Downpayment

20%

$30,860

Closing costs

1%

$1,543

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,708

Total Expenses

$1,851

Mortgage P&I

49%

$842

Property Taxes

7%

$127

Home Insurance

4%

$63

HOA

0%

$0

Property Management

15%

$256

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$427

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