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1424 Lake Rd, New Carlisle, OH 45344

3 beds • 3 baths • 3031 sqft

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This property looks like a bad Airbnb investment with a projected -16.85% first-year return on $155k initial cash invested.

-16.85%

Cash On Cash

2.19%

Cap Rate

0.37

DSCR

$3,367

Rent

-$2,169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,367 income − $5,536 expenses = $2,169 out of pocket

Income$3,367Out of Pocket$2,169Mortgage P&I$3,21996%Property Taxes$47214%Insurance$2287%Management$50515%CapEx$1354%Maintenance$1354%Other$84225%

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

$3,367

Total Expenses

$5,536

Mortgage P&I

96%

$3,219

Property Taxes

14%

$472

Home Insurance

7%

$228

HOA

0%

$0

Property Management

15%

$505

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$842

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