REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1424 Lake Rd, New Carlisle, OH 45344

3 beds • 3 baths • 3031 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.75% first-year return on $155k initial cash invested.

-17.75%

Cash On Cash

1.96%

Cap Rate

0.33

DSCR

$3,144

Rent

-$2,285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,144 income − $5,429 expenses = $2,285 out of pocket

Income$3,144Out of Pocket$2,285Mortgage P&I$3,219102%Property Taxes$47215%Insurance$2287%Management$47215%CapEx$1264%Maintenance$1264%Other$78625%

Investment Breakdown

|

Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$155k

Downpayment

20%

$130k

Closing costs

1%

$6,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,144

Total Expenses

$5,429

Mortgage P&I

102%

$3,219

Property Taxes

15%

$472

Home Insurance

7%

$228

HOA

0%

$0

Property Management

15%

$472

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$786

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis