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1552 Grimes Cir, Urbana, OH 43078

3 beds • 2 baths • 1742 sqft

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This property looks like a bad Airbnb investment with a projected -13.66% first-year return on $83,352 initial cash invested.

-13.66%

Cash On Cash

2.6%

Cap Rate

0.43

DSCR

$1,772

Rent

-$949

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,772 income − $2,721 expenses = $949 out of pocket

Income$1,772Out of Pocket$949Mortgage P&I$1,55388%Property Taxes$20311%Insurance$1146%Management$26615%CapEx$714%Maintenance$714%Other$44325%

Investment Breakdown

|

Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,352

Downpayment

20%

$62,240

Closing costs

1%

$3,112

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,772

Total Expenses

$2,721

Mortgage P&I

88%

$1,553

Property Taxes

11%

$203

Home Insurance

6%

$114

HOA

0%

$0

Property Management

15%

$266

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$443

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