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370 Forest Street
Columbus, OH 43206
Asking Price
$2.00M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Turnkey 6-unit short-term rental in Schumacher Place <p><span style="color: rgba(0, 0, 0, 1)">Turnkey 6-unit short-term rental package in the Schumacher Place section of German Village, one of Columbus' most walkable and sought-after historic neighborhoods. All six units are currently operating as active Airbnb rentals, so the income is already running on day one. Every unit has been fully renovated with updated mechanicals, electrical, and plumbing, plus new kitchens with granite counters and stainless appliances, new bathrooms, in-unit washers a
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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905
