REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6135 Mernic Dr, Cincinnati, OH 45248

3 beds • 2 baths • 1184 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.51% first-year return on $89,169 initial cash invested.

-11.51%

Cash On Cash

3.44%

Cap Rate

0.56

DSCR

$2,563

Rent

-$855

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,563 income − $3,418 expenses = $855 out of pocket

Income$2,563Out of Pocket$855Mortgage P&I$1,72367%Property Taxes$34213%Insurance$1225%Management$38415%CapEx$1034%Maintenance$1034%Other$64125%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,169

Downpayment

20%

$67,780

Closing costs

1%

$3,389

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,563

Total Expenses

$3,418

Mortgage P&I

67%

$1,723

Property Taxes

13%

$342

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$384

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$641

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis