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1357 Concord Ave, Springfield, OH 45504

3 beds • 2 baths • 1790 sqft

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This property could be a profitable Airbnb investment with a projected 15.38% first-year return on $47,736 initial cash invested.

15.38%

Cash On Cash

12.61%

Cap Rate

1.96

DSCR

$2,883

Rent

$612

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,736

Downpayment

20%

$28,320

Closing costs

1%

$1,416

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,883

Total Expenses

$2,271

Mortgage P&I

26%

$761

Property Taxes

2%

$67

Home Insurance

2%

$60

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$721

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