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3057 Springfield Xenia Rd, Springfield, OH 45506

3 beds • 1 baths • 1675 sqft

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This property might be a fair Airbnb investment with a projected 7.47% first-year return on $51,579 initial cash invested.

7.47%

Cash On Cash

9.48%

Cap Rate

1.51

DSCR

$2,610

Rent

$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,610

Total Expenses

$2,289

Mortgage P&I

32%

$838

Property Taxes

5%

$143

Home Insurance

2%

$56

HOA

0%

$0

Property Management

15%

$392

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$652

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Serenity w/Ifit Bike by Wittenberg & Yellow Spring

$2,902

$159

3

1

2.02 mi

King / Queen Beds Wi-Fi. Laundry

$1,570

$86

3

1

3.29 mi

King bed, washer/dryer, 3 bed rm

$1,460

$80

3

1

3.36 mi

1-70 Helen's Haven House Queen Rooms Exit 54 SR 72

$2,665

$146

3

1.5

2.13 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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