REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1305 E 30th St, Erie, PA 16504

3 beds • 2 baths • 2099 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.25% first-year return on $38,325 initial cash invested.

-15.25%

Cash On Cash

3.52%

Cap Rate

0.56

DSCR

$1,170

Rent

-$487

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$183k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,325

Downpayment

20%

$36,500

Closing costs

1%

$1,825

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,170

Total Expenses

$1,657

Mortgage P&I

82%

$965

Property Taxes

28%

$325

Home Insurance

5%

$64

HOA

0%

$0

Property Management

10%

$117

CapEx

5%

$58

Vacancy

6%

$70

Maintenance

5%

$58

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1109 Pennsylvania Ave, Erie, PA 16503

$1,150

3

2

1300

1.3 mi

2613 Brandes St, Erie, PA 16504

$1,050

3

1

0.3 mi

1114 E 25th St, Erie, PA 16503

$1,100

3

1

0.5 mi

2725 Monroe Ave, Erie, PA 16504

$1,100

3

1

0.8 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis