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1341 Lacrosse Ave, Reading, PA 19607

3 beds • 2 baths • 2255 sqft

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This property looks like a bad Airbnb investment with a projected -11.02% first-year return on $80,244 initial cash invested.

-11.02%

Cash On Cash

3.53%

Cap Rate

0.57

DSCR

$2,328

Rent

-$737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,328 income − $3,065 expenses = $737 out of pocket

Income$2,328Out of Pocket$737Mortgage P&I$1,51565%Property Taxes$32814%Insurance$1055%Management$34915%CapEx$934%Maintenance$934%Other$58225%

Investment Breakdown

|

Purchase Price

$296k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,244

Downpayment

20%

$59,280

Closing costs

1%

$2,964

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,328

Total Expenses

$3,065

Mortgage P&I

65%

$1,515

Property Taxes

14%

$328

Home Insurance

5%

$105

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

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