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718 Kelly Dr, Wilmington, OH 45177

3 beds • 2 baths • 2241 sqft

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This property looks like a bad Airbnb investment with a projected -7.17% first-year return on $98,787 initial cash invested.

-7.17%

Cash On Cash

4.57%

Cap Rate

0.76

DSCR

$3,370

Rent

-$590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,370 income − $3,960 expenses = $590 out of pocket

Income$3,370Out of Pocket$590Mortgage P&I$1,92057%Property Taxes$2838%Insurance$1394%Management$50615%CapEx$1354%Maintenance$1354%Other$84225%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,787

Downpayment

20%

$76,940

Closing costs

1%

$3,847

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,370

Total Expenses

$3,960

Mortgage P&I

57%

$1,920

Property Taxes

8%

$283

Home Insurance

4%

$139

HOA

0%

$0

Property Management

15%

$506

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$842

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