REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1500 Alsace Rd, Reading, PA 19604

4 beds • 4 baths • 4852 sqft

Email

This property looks like a bad Long-Term investment with a projected -22.88% first-year return on $115k initial cash invested.

-22.88%

Cash On Cash

1.2%

Cap Rate

0.21

DSCR

$1,840

Rent

-$2,202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$110k

Closing costs

1%

$5,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,840

Total Expenses

$4,042

Mortgage P&I

145%

$2,660

Property Taxes

39%

$712

Home Insurance

10%

$192

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1608 N 12th St, Reading, PA 19604

$1,850

4

2

0.4 mi

1239 Greenwich St, Reading, PA 19604

$1,495

4

2

1 mi

1145 Locust St, Reading, PA 19604

$1,550

4

1

0.5 mi

1146 Locust St, Reading, PA 19604

$1,595

4

1

0.6 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