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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 -7.87% first-year return on $81,000 initial cash invested.

-7.87%

Cash On Cash

4.27%

Cap Rate

0.71

DSCR

$2,622

Rent

-$531

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,622 income − $3,153 expenses = $531 out of pocket

Income$2,622Out of Pocket$531Mortgage P&I$1,49357%Property Taxes$29611%Insurance$1054%Management$39315%CapEx$1054%Maintenance$1054%Other$65625%

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

$2,622

Total Expenses

$3,153

Mortgage P&I

57%

$1,493

Property Taxes

11%

$296

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$656

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