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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 Long-Term investment with a projected -16.7% first-year return on $51,450 initial cash invested.

-16.7%

Cash On Cash

3.38%

Cap Rate

0.52

DSCR

$1,360

Rent

-$716

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,360 income − $2,076 expenses = $716 out of pocket

Income$1,360Out of Pocket$716Mortgage P&I$1,33998%Property Taxes$29722%Insurance$866%Management$13610%CapEx$685%Vacancy$826%Maintenance$685%

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,450

Downpayment

20%

$49,000

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,360

Total Expenses

$2,076

Mortgage P&I

98%

$1,339

Property Taxes

22%

$297

Home Insurance

6%

$86

HOA

0%

$0

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

222 E Main Ave, Myerstown, PA 17067

$1,350

2

1.5

1020

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9 S Cherry St, Myerstown, PA 17067

$1,200

2

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0.1 mi

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2

1

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Projection Charts

Investment Value YoY

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