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4746 Bolin Ave, Springfield, OH 45502

3 beds • 4 baths • 2248 sqft

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This property looks like a bad Airbnb investment with a projected -13.16% first-year return on $104k initial cash invested.

-13.16%

Cash On Cash

2.96%

Cap Rate

0.49

DSCR

$2,704

Rent

-$1,141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,704 income − $3,845 expenses = $1,141 out of pocket

Income$2,704Out of Pocket$1,141Mortgage P&I$2,04376%Property Taxes$35713%Insurance$1475%Management$40615%CapEx$1084%Maintenance$1084%Other$67625%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,704

Total Expenses

$3,845

Mortgage P&I

76%

$2,043

Property Taxes

13%

$357

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$406

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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