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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 -12.69% first-year return on $73,776 initial cash invested.

-12.69%

Cash On Cash

2.83%

Cap Rate

0.47

DSCR

$2,013

Rent

-$780

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,013 income − $2,793 expenses = $780 out of pocket

Income$2,013Out of Pocket$780Mortgage P&I$1,32666%Property Taxes$40620%Insurance$945%Management$30215%CapEx$814%Maintenance$814%Other$50325%

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

$2,013

Total Expenses

$2,793

Mortgage P&I

66%

$1,326

Property Taxes

20%

$406

Home Insurance

5%

$94

HOA

0%

$0

Property Management

15%

$302

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$503

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