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5244 S Charleston Pike, Springfield, OH 45502

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Airbnb investment with a projected -7.9% first-year return on $70,017 initial cash invested.

-7.9%

Cash On Cash

5.01%

Cap Rate

0.74

DSCR

$2,346

Rent

-$461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,346 income − $2,807 expenses = $461 out of pocket

Income$2,346Out of Pocket$461Mortgage P&I$1,40160%Property Taxes$1928%Insurance$884%Management$35215%CapEx$944%Maintenance$944%Other$58625%

Investment Breakdown

|

Purchase Price

$248k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,017

Downpayment

20%

$49,540

Closing costs

1%

$2,477

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,346

Total Expenses

$2,807

Mortgage P&I

60%

$1,401

Property Taxes

8%

$192

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$586

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