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1033 E 29th St, Erie, PA 16504

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Long-Term investment with a projected -6.7% first-year return on $40,320 initial cash invested.

-6.7%

Cash On Cash

5.26%

Cap Rate

0.84

DSCR

$1,350

Rent

-$225

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

$40,320

Downpayment

20%

$38,400

Closing costs

1%

$1,920

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,350

Total Expenses

$1,575

Mortgage P&I

74%

$999

Property Taxes

12%

$157

Home Insurance

5%

$67

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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