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1047 Steven Circle Dr, New Carlisle, OH 45344

3 beds • 2 baths • 2424 sqft

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This property looks like a bad Airbnb investment with a projected -8.74% first-year return on $98,850 initial cash invested.

-8.74%

Cash On Cash

4.01%

Cap Rate

0.68

DSCR

$2,941

Rent

-$720

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,941

Total Expenses

$3,661

Mortgage P&I

64%

$1,890

Property Taxes

8%

$224

Home Insurance

5%

$135

HOA

0%

$0

Property Management

15%

$441

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$735

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