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113 Belmont Ave, Norristown, PA 19403

3 beds • 2 baths • 2129 sqft

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This property looks like a bad Airbnb investment with a projected -13.83% first-year return on $115k initial cash invested.

-13.83%

Cash On Cash

2.75%

Cap Rate

0.47

DSCR

$3,078

Rent

-$1,329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,078 income − $4,407 expenses = $1,329 out of pocket

Income$3,078Out of Pocket$1,329Mortgage P&I$2,26774%Property Taxes$50416%Insurance$1585%Management$46215%CapEx$1234%Maintenance$1234%Other$77025%

Investment Breakdown

|

Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,680

Closing costs

1%

$4,634

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,078

Total Expenses

$4,407

Mortgage P&I

74%

$2,267

Property Taxes

16%

$504

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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