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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 -9.37% first-year return on $84,906 initial cash invested.

-9.37%

Cash On Cash

3.95%

Cap Rate

0.65

DSCR

$2,444

Rent

-$663

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,444 income − $3,107 expenses = $663 out of pocket

Income$2,444Out of Pocket$663Mortgage P&I$1,61366%Property Taxes$2048%Insurance$1165%Management$36715%CapEx$984%Maintenance$984%Other$61125%

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

$2,444

Total Expenses

$3,107

Mortgage P&I

66%

$1,613

Property Taxes

8%

$204

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$611

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