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114 Springhouse Dr, Englewood, OH 45322

3 beds • 3 baths • 2002 sqft

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This property looks like a bad Airbnb investment with a projected -19.4% first-year return on $85,011 initial cash invested.

-19.4%

Cash On Cash

1.29%

Cap Rate

0.21

DSCR

$1,725

Rent

-$1,374

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,725 income − $3,099 expenses = $1,374 out of pocket

Income$1,725Out of Pocket$1,374Mortgage P&I$1,64795%Property Taxes$48028%Insurance$1147%HOA$302%Management$25915%CapEx$694%Maintenance$694%Other$43125%

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,011

Downpayment

20%

$63,820

Closing costs

1%

$3,191

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,725

Total Expenses

$3,099

Mortgage P&I

95%

$1,647

Property Taxes

28%

$480

Home Insurance

7%

$114

HOA

2%

$30

Property Management

15%

$259

CapEx

4%

$69

Vacancy

0%

$0

Maintenance

4%

$69

Other

25%

$431

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