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6020 Meade Rd, Sylvania, OH 43560

3 beds • 2 baths • 1950 sqft

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This property looks like a bad Airbnb investment with a projected -8.85% first-year return on $102k initial cash invested.

-8.85%

Cash On Cash

4.04%

Cap Rate

0.68

DSCR

$2,653

Rent

-$751

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,653 income − $3,404 expenses = $751 out of pocket

Income$2,653Out of Pocket$751Mortgage P&I$1,98875%Property Taxes$3Insurance$1405%Management$39815%CapEx$1064%Maintenance$1064%Other$66325%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,653

Total Expenses

$3,404

Mortgage P&I

75%

$1,988

Property Taxes

0%

$3

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$663

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