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7131 Spiker Rd, Piqua, OH 45356

3 beds • 2 baths • 1908 sqft

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This property looks like a bad Airbnb investment with a projected -16.41% first-year return on $107k initial cash invested.

-16.41%

Cash On Cash

1.94%

Cap Rate

0.33

DSCR

$2,127

Rent

-$1,466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,980

Closing costs

1%

$4,249

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,127

Total Expenses

$3,593

Mortgage P&I

97%

$2,069

Property Taxes

17%

$354

Home Insurance

7%

$149

HOA

0%

$0

Property Management

15%

$319

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$532

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