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1427 Lacrosse Ave, Reading, PA 19607

3 beds • 2 baths • 998 sqft

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This property looks like a bad Airbnb investment with a projected -13.07% first-year return on $81,000 initial cash invested.

-13.07%

Cash On Cash

2.76%

Cap Rate

0.46

DSCR

$1,946

Rent

-$882

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,946 income − $2,828 expenses = $882 out of pocket

Income$1,946Out of Pocket$882Mortgage P&I$1,49377%Property Taxes$29615%Insurance$1055%Management$29215%CapEx$784%Maintenance$784%Other$48625%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,946

Total Expenses

$2,828

Mortgage P&I

77%

$1,493

Property Taxes

15%

$296

Home Insurance

5%

$105

HOA

0%

$0

Property Management

15%

$292

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$486

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