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2185 E Loy Rd, Piqua, OH 45356

3 beds • 2 baths • 1788 sqft

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This property looks like a bad Airbnb investment with a projected -18.05% first-year return on $143k initial cash invested.

-18.05%

Cash On Cash

1.68%

Cap Rate

0.29

DSCR

$2,037

Rent

-$2,150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,037

Total Expenses

$4,187

Mortgage P&I

142%

$2,901

Property Taxes

5%

$101

Home Insurance

10%

$208

HOA

0%

$0

Property Management

15%

$306

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$509

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