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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 -6.08% first-year return on $76,590 initial cash invested.

-6.08%

Cash On Cash

4.97%

Cap Rate

0.8

DSCR

$2,578

Rent

-$388

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,578 income − $2,966 expenses = $388 out of pocket

Income$2,578Out of Pocket$388Mortgage P&I$1,44056%Property Taxes$1917%Insurance$984%Management$38715%CapEx$1034%Maintenance$1034%Other$64425%

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

$2,578

Total Expenses

$2,966

Mortgage P&I

56%

$1,440

Property Taxes

7%

$191

Home Insurance

4%

$98

HOA

0%

$0

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$644

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