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427 Knickerbocker Ave, Springfield, OH 45506

3 beds • 2 baths • 925 sqft

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This property might be a fair Airbnb investment with a projected 5.23% first-year return on $53,700 initial cash invested.

5.23%

Cash On Cash

8.72%

Cap Rate

1.37

DSCR

$2,421

Rent

$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,421 income − $2,187 expenses = $234 cash flow

Income$2,421Mortgage P&I$90537%Property Taxes$602%Insurance$602%Management$36315%CapEx$974%Maintenance$974%Other$60525%Cash Flow$234

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,421

Total Expenses

$2,187

Mortgage P&I

37%

$905

Property Taxes

2%

$60

Home Insurance

2%

$60

HOA

0%

$0

Property Management

15%

$363

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$605

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