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203 James St, Mount Vernon, OH 43050

3 beds • 2 baths • 1269 sqft

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This property looks like a bad Airbnb investment with a projected -7.72% first-year return on $74,616 initial cash invested.

-7.72%

Cash On Cash

4.54%

Cap Rate

0.73

DSCR

$2,359

Rent

-$480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,359 income − $2,839 expenses = $480 out of pocket

Income$2,359Out of Pocket$480Mortgage P&I$1,40660%Property Taxes$2139%Insurance$884%Management$35415%CapEx$944%Maintenance$944%Other$59025%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,616

Downpayment

20%

$53,920

Closing costs

1%

$2,696

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,359

Total Expenses

$2,839

Mortgage P&I

60%

$1,406

Property Taxes

9%

$213

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$590

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