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422 Sherwood Park Dr, Springfield, OH 45505

3 beds • 2 baths • 1502 sqft

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This property looks like a bad Airbnb investment with a projected -1% first-year return on $66,993 initial cash invested.

-1%

Cash On Cash

6.44%

Cap Rate

1.04

DSCR

$2,633

Rent

-$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$233k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,993

Downpayment

20%

$46,660

Closing costs

1%

$2,333

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,633

Total Expenses

$2,689

Mortgage P&I

46%

$1,204

Property Taxes

5%

$139

Home Insurance

3%

$83

HOA

0%

$0

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

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