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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 -21.22% first-year return on $85,011 initial cash invested.

-21.22%

Cash On Cash

0.76%

Cap Rate

0.12

DSCR

$1,477

Rent

-$1,503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,477 income − $2,980 expenses = $1,503 out of pocket

Income$1,477Out of Pocket$1,503Mortgage P&I$1,647112%Property Taxes$48032%Insurance$1148%HOA$302%Management$22215%CapEx$594%Maintenance$594%Other$36925%

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

$1,477

Total Expenses

$2,980

Mortgage P&I

112%

$1,647

Property Taxes

33%

$480

Home Insurance

8%

$114

HOA

2%

$30

Property Management

15%

$222

CapEx

4%

$59

Vacancy

0%

$0

Maintenance

4%

$59

Other

25%

$369

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