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1761 Homeward Ave, Lima, OH 45805

3 beds • 2 baths • 1848 sqft

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This property looks like a bad Airbnb investment with a projected -5.81% first-year return on $44,796 initial cash invested.

-5.81%

Cash On Cash

4.77%

Cap Rate

0.75

DSCR

$1,224

Rent

-$217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,224 income − $1,441 expenses = $217 out of pocket

Income$1,224Out of Pocket$217Mortgage P&I$67555%Property Taxes$1089%Insurance$706%Management$18415%CapEx$494%Maintenance$494%Other$30625%

Investment Breakdown

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Purchase Price

$128k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,796

Downpayment

20%

$25,520

Closing costs

1%

$1,276

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,224

Total Expenses

$1,441

Mortgage P&I

55%

$675

Property Taxes

9%

$108

Home Insurance

6%

$70

HOA

0%

$0

Property Management

15%

$184

CapEx

4%

$49

Vacancy

0%

$0

Maintenance

4%

$49

Other

25%

$306

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