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15692 Carson Rd, Mount Vernon, OH 43050

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Airbnb investment with a projected -4.85% first-year return on $109k initial cash invested.

-4.85%

Cash On Cash

5.18%

Cap Rate

0.87

DSCR

$3,747

Rent

-$440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,747 income − $4,187 expenses = $440 out of pocket

Income$3,747Out of Pocket$440Mortgage P&I$2,16058%Property Taxes$702%Insurance$1584%Management$56215%CapEx$1504%Maintenance$1504%Other$93725%

Investment Breakdown

|

Purchase Price

$433k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,560

Closing costs

1%

$4,328

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,747

Total Expenses

$4,187

Mortgage P&I

58%

$2,160

Property Taxes

2%

$70

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$562

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$937

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