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7419 Grayson Dr, Springfield, OH 45502

3 beds • 2 baths • 1408 sqft

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This property looks like a bad Airbnb investment with a projected -8.48% first-year return on $84,906 initial cash invested.

-8.48%

Cash On Cash

4.2%

Cap Rate

0.69

DSCR

$2,565

Rent

-$600

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,565 income − $3,165 expenses = $600 out of pocket

Income$2,565Out of Pocket$600Mortgage P&I$1,61363%Property Taxes$2048%Insurance$1165%Management$38515%CapEx$1034%Maintenance$1034%Other$64125%

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,906

Downpayment

20%

$63,720

Closing costs

1%

$3,186

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,565

Total Expenses

$3,165

Mortgage P&I

63%

$1,613

Property Taxes

8%

$204

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$641

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