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1637 Offnere St, Portsmouth, OH 45662

3 beds • 2 baths • 1500 sqft

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This property might be a fair Airbnb investment with a projected 8.72% first-year return on $47,778 initial cash invested.

8.72%

Cash On Cash

9.83%

Cap Rate

1.61

DSCR

$2,379

Rent

$347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,379 income − $2,032 expenses = $347 cash flow

Income$2,379Mortgage P&I$72030%Property Taxes$1356%Insurance$351%Management$35715%CapEx$954%Maintenance$954%Other$59525%Cash Flow$347

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,778

Downpayment

20%

$28,360

Closing costs

1%

$1,418

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,379

Total Expenses

$2,032

Mortgage P&I

30%

$720

Property Taxes

6%

$135

Home Insurance

1%

$35

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$595

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