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1862 Red Oak Dr, Lexington, OH 44904

3 beds • 2 baths • 1658 sqft

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This property looks like a bad Airbnb investment with a projected -5.28% first-year return on $76,590 initial cash invested.

-5.28%

Cash On Cash

5.2%

Cap Rate

0.84

DSCR

$2,676

Rent

-$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,676 income − $3,013 expenses = $337 out of pocket

Income$2,676Out of Pocket$337Mortgage P&I$1,44054%Property Taxes$1917%Insurance$984%Management$40115%CapEx$1074%Maintenance$1074%Other$66925%

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,676

Total Expenses

$3,013

Mortgage P&I

54%

$1,440

Property Taxes

7%

$191

Home Insurance

4%

$98

HOA

0%

$0

Property Management

15%

$401

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$669

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