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10 S Broad St, Myerstown, PA 17067

2 beds • 1 baths • 1232 sqft

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This property looks like a bad Airbnb investment with a projected -6.35% first-year return on $63,450 initial cash invested.

-6.35%

Cash On Cash

5.44%

Cap Rate

0.83

DSCR

$2,666

Rent

-$336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $3,002 expenses = $336 out of pocket

Income$2,666Out of Pocket$336Mortgage P&I$1,33950%Property Taxes$29711%Insurance$863%Management$40015%CapEx$1074%Maintenance$1074%Other$66625%

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,450

Downpayment

20%

$49,000

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$2,666

Total Expenses

$3,002

Mortgage P&I

50%

$1,339

Property Taxes

11%

$297

Home Insurance

3%

$86

HOA

0%

$0

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$666

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Comparable Property

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ADR

Beds

Baths

Distance

Beautiful, Guest Suite in Quiet Myerstown

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2

1.5

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4

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1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Projection Charts

Investment Value YoY

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