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
- ▸Convenient access to major regional expressways provides efficient commuting routes for professionals working throughout the Cincinnati metropolitan area.
- ▸The area features a balanced mix of residential neighborhoods and established retail corridors that appeal to budget-conscious suburban tenants.
- ▸Abundant local green spaces and community parks offer recreational benefits that support long-term tenancy and neighborhood stability for families.
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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