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832 E 2nd St, Defiance, OH 43512

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Airbnb investment with a projected -0.02% first-year return on $54,729 initial cash invested.

-0.02%

Cash On Cash

7.08%

Cap Rate

1.09

DSCR

$2,207

Rent

-$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,207 income − $2,208 expenses = $1 out of pocket

Income$2,207Out of Pocket$1Mortgage P&I$94543%Property Taxes$1436%Insurance$613%Management$33115%CapEx$884%Maintenance$884%Other$55225%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,729

Downpayment

20%

$34,980

Closing costs

1%

$1,749

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,207

Total Expenses

$2,208

Mortgage P&I

43%

$945

Property Taxes

6%

$143

Home Insurance

3%

$61

HOA

0%

$0

Property Management

15%

$331

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$552

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