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4199 Routt Ln, Franklin, OH 45005

3 beds • 2 baths • 1530 sqft

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This property looks like a bad Airbnb investment with a projected -2.73% first-year return on $68,988 initial cash invested.

-2.73%

Cash On Cash

6.33%

Cap Rate

0.97

DSCR

$2,817

Rent

-$157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,817 income − $2,974 expenses = $157 out of pocket

Income$2,817Out of Pocket$157Mortgage P&I$1,32547%Property Taxes$2097%Insurance$873%Management$42315%CapEx$1134%Maintenance$1134%Other$70425%

Investment Breakdown

|

Purchase Price

$243k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,988

Downpayment

20%

$48,560

Closing costs

1%

$2,428

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,817

Total Expenses

$2,974

Mortgage P&I

47%

$1,325

Property Taxes

7%

$209

Home Insurance

3%

$87

HOA

0%

$0

Property Management

15%

$423

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$704

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