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318 Morris Dr, Montpelier, OH 43543

3 beds • 2 baths • 1956 sqft

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This property looks like a bad Airbnb investment with a projected -2.52% first-year return on $65,208 initial cash invested.

-2.52%

Cash On Cash

6.32%

Cap Rate

0.97

DSCR

$2,511

Rent

-$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,511 income − $2,648 expenses = $137 out of pocket

Income$2,511Out of Pocket$137Mortgage P&I$1,22149%Property Taxes$1456%Insurance$773%Management$37715%CapEx$1004%Maintenance$1004%Other$62825%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,208

Downpayment

20%

$44,960

Closing costs

1%

$2,248

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,511

Total Expenses

$2,648

Mortgage P&I

49%

$1,221

Property Taxes

6%

$145

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$628

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