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Does a rental pencil out in Gann (Brinkhaven), OH?
A median-priced home ($150,000) at the average rent ($776/mo), with 25% down at 7.25%, after property tax, insurance, vacancy, repairs, reserves and management.
-$475/mo
Cash flow on a median home
-13.6%
Cash-on-cash return
0.38
DSCR
$1,683/mo
Rent needed for a 1.25 DSCR
$1,084/yr
Landlord insurance, hazard-adjusted