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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 -2.04% first-year return on $65,208 initial cash invested.

-2.04%

Cash On Cash

6.48%

Cap Rate

0.99

DSCR

$2,564

Rent

-$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,564 income − $2,675 expenses = $111 out of pocket

Income$2,564Out of Pocket$111Mortgage P&I$1,22148%Property Taxes$1456%Insurance$773%Management$38515%CapEx$1034%Maintenance$1034%Other$64125%

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

$2,564

Total Expenses

$2,675

Mortgage P&I

48%

$1,221

Property Taxes

6%

$145

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$641

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