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2148 Broadway St, Springfield, OH 45504

3 beds • 2 baths • 1360 sqft

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This property looks like a bad Airbnb investment with a projected -6.03% first-year return on $60,315 initial cash invested.

-6.03%

Cash On Cash

5.03%

Cap Rate

0.79

DSCR

$1,954

Rent

-$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,954 income − $2,257 expenses = $303 out of pocket

Income$1,954Out of Pocket$303Mortgage P&I$1,06955%Property Taxes$1799%Insurance$724%Management$29315%CapEx$784%Maintenance$784%Other$48825%

Investment Breakdown

|

Purchase Price

$202k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,315

Downpayment

20%

$40,300

Closing costs

1%

$2,015

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,954

Total Expenses

$2,257

Mortgage P&I

55%

$1,069

Property Taxes

9%

$179

Home Insurance

4%

$72

HOA

0%

$0

Property Management

15%

$293

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$488

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