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515 S Platt St, Montpelier, OH 43543

3 beds • 2 baths • 1343 sqft

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This property could be a profitable Airbnb investment with a projected 24.9% first-year return on $37,929 initial cash invested.

24.9%

Cash On Cash

17.35%

Cap Rate

2.85

DSCR

$2,571

Rent

$787

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,571 income − $1,784 expenses = $787 cash flow

Income$2,571Mortgage P&I$48219%Property Taxes$341%Insurance$331%Management$38615%CapEx$1034%Maintenance$1034%Other$64325%Cash Flow$787

Investment Breakdown

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Purchase Price

$94,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,929

Downpayment

20%

$18,980

Closing costs

1%

$949

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$2,571

Total Expenses

$1,784

Mortgage P&I

19%

$482

Property Taxes

1%

$34

Home Insurance

1%

$33

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$643

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