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3578 Noble Way, Franklin, OH 45005

3 beds • 2 baths • 1846 sqft

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This property looks like a bad Airbnb investment with a projected -8.8% first-year return on $94,230 initial cash invested.

-8.8%

Cash On Cash

4.13%

Cap Rate

0.69

DSCR

$3,123

Rent

-$691

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,123 income − $3,814 expenses = $691 out of pocket

Income$3,123Out of Pocket$691Mortgage P&I$1,81558%Property Taxes$36912%Insurance$1314%Management$46815%CapEx$1254%Maintenance$1254%Other$78125%

Investment Breakdown

|

Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,230

Downpayment

20%

$72,600

Closing costs

1%

$3,630

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,123

Total Expenses

$3,814

Mortgage P&I

58%

$1,815

Property Taxes

12%

$369

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$468

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$781

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