Rental Property Investment Analysis
Investment metrics for 2037 Carpenter Dr, Cincinnati, OH 45239
zillow
MultiFamily
📍 2037 Carpenter Dr, Cincinnati, OH 45239
$194,800
🛏 3 bed
🚿 2 bath
📐 2,230 sqft
18
/ 100
Deal Score
F
High Risk Investment
Grade F · 18/100
Monthly Cash Flow
$-185
After all expenses
Cap Rate
5.09%
Below 6% threshold
Monthly Rent
$1,293/mo
Estimated
Total Expenses
$1,478/mo
All-in monthly
Cash-on-Cash
-4.96%
Low return
Annual Cash Flow
$-2,222
Per year
Break-Even Analysis
Break-Even Rent
$1,478 / mo
Minimum monthly rent needed to cover all estimated expenses
Area Lifestyle & Investment Notes
- ▸The area features a blend of established suburban residential character and immediate access to vital regional transit corridors.
- ▸Proximity to major employment hubs and commercial service districts ensures consistent appeal for local working class tenant demographics.
- ▸Abundant community green spaces and well-maintained parkland contribute to the long-term desirability of this stable residential rental market.
Key Takeaway
Investor Summary
Under current assumptions, this property is a high-risk rental investment (18/100) with a negative cash flow of $-185/mo. A meaningfully lower purchase price or stronger rent performance would likely be needed to make this deal work.
Analysis Summary
This MultiFamily at 2037 Carpenter Dr, Cincinnati, OH 45239 is listed at $194,800 with 3 bed / 2 bath and 2,230 sq ft.
The estimated monthly rent is $1,293, generating a negative monthly cash flow of $-185 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.
The cap rate is 5.09% and the cash-on-cash return is -4.96%. This deal received a score of 18/100 (Grade F: High Risk Investment).
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