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1149 Belmar Dr, Mansfield, OH 44907

3 beds • 2 baths • 2319 sqft

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This property looks like a bad Airbnb investment with a projected -7.88% first-year return on $73,902 initial cash invested.

-7.88%

Cash On Cash

4.27%

Cap Rate

0.71

DSCR

$2,316

Rent

-$485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,316 income − $2,801 expenses = $485 out of pocket

Income$2,316Out of Pocket$485Mortgage P&I$1,33958%Property Taxes$25411%Insurance$964%Management$34715%CapEx$934%Maintenance$934%Other$57925%

Investment Breakdown

|

Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,902

Downpayment

20%

$53,240

Closing costs

1%

$2,662

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,316

Total Expenses

$2,801

Mortgage P&I

58%

$1,339

Property Taxes

11%

$254

Home Insurance

4%

$96

HOA

0%

$0

Property Management

15%

$347

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$579

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