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217 Van Buren St, Defiance, OH 43512

3 beds • 2 baths • 1436 sqft

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This property could be a profitable Airbnb investment with a projected 12.33% first-year return on $40,890 initial cash invested.

12.33%

Cash On Cash

11.67%

Cap Rate

1.92

DSCR

$2,185

Rent

$420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,185 income − $1,765 expenses = $420 cash flow

Income$2,185Mortgage P&I$55325%Property Taxes$1266%Insurance$382%Management$32815%CapEx$874%Maintenance$874%Other$54625%Cash Flow$420

Investment Breakdown

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Purchase Price

$109k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,890

Downpayment

20%

$21,800

Closing costs

1%

$1,090

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$2,185

Total Expenses

$1,765

Mortgage P&I

25%

$553

Property Taxes

6%

$126

Home Insurance

2%

$38

HOA

0%

$0

Property Management

15%

$328

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$546

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