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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 Long-Term investment with a projected -9.89% first-year return on $71,379 initial cash invested.

-9.89%

Cash On Cash

4.08%

Cap Rate

0.7

DSCR

$2,020

Rent

-$588

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

$71,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,020

Total Expenses

$2,608

Mortgage P&I

81%

$1,644

Property Taxes

16%

$320

Home Insurance

6%

$119

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

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3

1

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4

2

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2

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0.9 mi

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5

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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