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129 S 6th St S, Olean, NY 14760

3 beds • 3 baths • 1486 sqft

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This property could be a profitable Airbnb investment with a projected 31.52% first-year return on $23,985 initial cash invested.

31.52%

Cash On Cash

35.66%

Cap Rate

6.05

DSCR

$1,933

Rent

$630

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,933 income − $1,303 expenses = $630 cash flow

Income$1,933Mortgage P&I$1407%Property Taxes$1809%Insurance$563%Management$29015%CapEx$774%Maintenance$774%Other$48325%Cash Flow$630

Investment Breakdown

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Purchase Price

$28,500

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$23,985

Downpayment

20%

$5,700

Closing costs

1%

$285

Rehab

0%

$0

Furnishing

63%

$18,000

Cashflow

Total Income

$1,933

Total Expenses

$1,303

Mortgage P&I

7%

$140

Property Taxes

9%

$180

Home Insurance

3%

$56

HOA

0%

$0

Property Management

15%

$290

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$483

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