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116 Gold St, Reading, PA 19607

3 beds • 2 baths • 1142 sqft

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This property looks like a bad Airbnb investment with a projected -9.47% first-year return on $89,379 initial cash invested.

-9.47%

Cash On Cash

3.69%

Cap Rate

0.64

DSCR

$2,650

Rent

-$705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,650

Total Expenses

$3,355

Mortgage P&I

62%

$1,644

Property Taxes

12%

$320

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$662

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