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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 -8.09% first-year return on $98,787 initial cash invested.

-8.09%

Cash On Cash

4.31%

Cap Rate

0.72

DSCR

$3,224

Rent

-$666

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,224 income − $3,890 expenses = $666 out of pocket

Income$3,224Out of Pocket$666Mortgage P&I$1,92060%Property Taxes$2839%Insurance$1394%Management$48415%CapEx$1294%Maintenance$1294%Other$80625%

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

$3,224

Total Expenses

$3,890

Mortgage P&I

60%

$1,920

Property Taxes

9%

$283

Home Insurance

4%

$139

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$806

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