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 -20.73% first-year return on $155k initial cash invested.

-20.73%

Cash On Cash

1.19%

Cap Rate

0.2

DSCR

$2,402

Rent

-$2,669

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,402 income − $5,071 expenses = $2,669 out of pocket

Income$2,402Out of Pocket$2,669Mortgage P&I$3,219134%Property Taxes$47220%Insurance$2289%Management$36015%CapEx$964%Maintenance$964%Other$60025%

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

$2,402

Total Expenses

$5,071

Mortgage P&I

134%

$3,219

Property Taxes

20%

$472

Home Insurance

9%

$228

HOA

0%

$0

Property Management

15%

$360

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$600

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis