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1218 Rona Parkway Dr, Fairborn, OH 45324

3 beds • 2 baths • 1437 sqft

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This property looks like a bad Airbnb investment with a projected -11.83% first-year return on $77,829 initial cash invested.

-11.83%

Cash On Cash

2.99%

Cap Rate

0.51

DSCR

$1,883

Rent

-$767

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,883 income − $2,650 expenses = $767 out of pocket

Income$1,883Out of Pocket$767Mortgage P&I$1,40375%Property Taxes$24413%Insurance$1005%Management$28215%CapEx$754%Maintenance$754%Other$47125%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,883

Total Expenses

$2,650

Mortgage P&I

75%

$1,403

Property Taxes

13%

$244

Home Insurance

5%

$100

HOA

0%

$0

Property Management

15%

$282

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$471

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