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515 N Clairmont Ave, Springfield, OH 45503

2 beds • 2 baths • 875 sqft

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This property might be a fair Airbnb investment with a projected 3.73% first-year return on $49,170 initial cash invested.

3.73%

Cash On Cash

7.99%

Cap Rate

1.27

DSCR

$2,445

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$177k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,170

Downpayment

20%

$35,400

Closing costs

1%

$1,770

Rehab

0%

$0

Furnishing

7%

$12,000

Cashflow

Total Income

$2,445

Total Expenses

$2,292

Mortgage P&I

38%

$928

Property Taxes

5%

$127

Home Insurance

3%

$63

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$611

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