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

  • ▸Suburban residential character and established infrastructure offer a stable rental environment attractive to working families seeking long-term housing options.
  • ▸Efficient access to major regional thoroughfares ensures convenient commuting routes to employment hubs throughout the greater Cincinnati metropolitan area.
  • ▸Proximity to regional shopping centers and localized retail corridors enhances day-to-day convenience for residents, bolstering overall neighborhood property demand.

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).

More analyzed properties in Cincinnati

1723 Kinney Ave, Cincinnati, OH 45207 $385,000 C

Run a BRRRR Analysis

BRRRR Deal Calculator
Pre-filled using this property's analysis. Adjust rehab and financing assumptions to estimate BRRRR returns.
$
$
$
%
$
$
%
%

Share This Deal

Analyze Another Property

Paste any Zillow, Redfin, or Realtor listing to instantly see:

• Deal Score  • Cash Flow  • Cap Rate  • Investment Risk

Analyze Property For Free →