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1428 Lorraine Rd, Reading, PA 19604

3 beds • 2 baths • 2883 sqft

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This property looks like a bad Airbnb investment with a projected -10.31% first-year return on $89,379 initial cash invested.

-10.31%

Cash On Cash

3.4%

Cap Rate

0.59

DSCR

$2,497

Rent

-$768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,497

Total Expenses

$3,265

Mortgage P&I

65%

$1,632

Property Taxes

13%

$315

Home Insurance

5%

$119

HOA

0%

$0

Property Management

15%

$375

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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