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156 Stonecreek Dr, Cleveland, OH 44143

3 beds • 2 baths • 2347 sqft

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This property looks like a bad Airbnb investment with a projected -22.82% first-year return on $106k initial cash invested.

-22.82%

Cash On Cash

0.71%

Cap Rate

0.11

DSCR

$2,513

Rent

-$2,011

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,513 income − $4,524 expenses = $2,011 out of pocket

Income$2,513Out of Pocket$2,011Mortgage P&I$2,15686%Property Taxes$77231%Insurance$1496%HOA$24010%Management$37715%CapEx$1014%Maintenance$1014%Other$62825%

Investment Breakdown

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Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,560

Closing costs

1%

$4,178

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,513

Total Expenses

$4,524

Mortgage P&I

86%

$2,156

Property Taxes

31%

$772

Home Insurance

6%

$149

HOA

10%

$240

Property Management

15%

$377

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$628

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