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406 Apple Ln, Mansfield, OH 44905

3 beds • 3 baths • 1252 sqft

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This property looks like a bad Airbnb investment with a projected -10.97% first-year return on $73,293 initial cash invested.

-10.97%

Cash On Cash

3.1%

Cap Rate

0.53

DSCR

$1,719

Rent

-$670

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,293

Downpayment

20%

$52,660

Closing costs

1%

$2,633

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,719

Total Expenses

$2,389

Mortgage P&I

75%

$1,281

Property Taxes

11%

$188

Home Insurance

5%

$94

HOA

0%

$0

Property Management

15%

$258

CapEx

4%

$69

Vacancy

0%

$0

Maintenance

4%

$69

Other

25%

$430

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