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15724 Sherri Rd, Mount Vernon, OH 43050

3 beds • 2 baths • 1132 sqft

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This property looks like a bad Airbnb investment with a projected -12.23% first-year return on $73,776 initial cash invested.

-12.23%

Cash On Cash

2.97%

Cap Rate

0.5

DSCR

$2,067

Rent

-$752

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,067 income − $2,819 expenses = $752 out of pocket

Income$2,067Out of Pocket$752Mortgage P&I$1,32664%Property Taxes$40620%Insurance$945%Management$31015%CapEx$834%Maintenance$834%Other$51725%

Investment Breakdown

|

Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,776

Downpayment

20%

$53,120

Closing costs

1%

$2,656

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,067

Total Expenses

$2,819

Mortgage P&I

64%

$1,326

Property Taxes

20%

$406

Home Insurance

5%

$94

HOA

0%

$0

Property Management

15%

$310

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$517

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