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4119 Southwest Cir, Springfield, OH 45504

3 beds • 2 baths • 1188 sqft

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This property might be a fair Airbnb investment with a projected 1.07% first-year return on $74,847 initial cash invested.

1.07%

Cash On Cash

6.77%

Cap Rate

1.15

DSCR

$3,245

Rent

$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$271k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,847

Downpayment

20%

$54,140

Closing costs

1%

$2,707

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,245

Total Expenses

$3,178

Mortgage P&I

41%

$1,330

Property Taxes

6%

$194

Home Insurance

3%

$96

HOA

0%

$0

Property Management

15%

$487

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$811

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Comparable Property

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ADR

Beds

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Distance

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4

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1.3 mi

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2

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0.9 mi

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5

4

0.6 mi

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2

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0.9 mi

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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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