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1033 E 29th St, Erie, PA 16504

3 beds • 2 baths • 1232 sqft

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This property might be a fair Airbnb investment with a projected 1.01% first-year return on $58,320 initial cash invested.

1.01%

Cash On Cash

7.16%

Cap Rate

1.15

DSCR

$2,447

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$192k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,320

Downpayment

20%

$38,400

Closing costs

1%

$1,920

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,447

Total Expenses

$2,398

Mortgage P&I

41%

$999

Property Taxes

6%

$157

Home Insurance

3%

$67

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$612

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