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$3,099 (target)

118 Emerald Ave, Reading, PA 19606

3 beds • 3 baths • 1951 sqft

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This property looks like a bad Mid-Term investment with a projected -0.41% first-year return on $75,498 initial cash invested.

-0.41%

Cash On Cash

6.46%

Cap Rate

1.07

DSCR

$3,099

Rent

-$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,099 income − $3,125 expenses = $26 out of pocket

Income$3,099Out of Pocket$26Mortgage P&I$1,37744%Property Taxes$59819%Insurance$963%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,498

Downpayment

20%

$54,760

Closing costs

1%

$2,738

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,099

Total Expenses

$3,125

Mortgage P&I

44%

$1,377

Property Taxes

19%

$598

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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