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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 -23.2% first-year return on $106k initial cash invested.

-23.2%

Cash On Cash

0.6%

Cap Rate

0.1

DSCR

$2,448

Rent

-$2,044

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,448 income − $4,492 expenses = $2,044 out of pocket

Income$2,448Out of Pocket$2,044Mortgage P&I$2,15688%Property Taxes$77232%Insurance$1496%HOA$24010%Management$36715%CapEx$984%Maintenance$984%Other$61225%

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

$2,448

Total Expenses

$4,492

Mortgage P&I

88%

$2,156

Property Taxes

32%

$772

Home Insurance

6%

$149

HOA

10%

$240

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$612

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