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1607 Art Dr, Hanover, PA 17331

3 beds • 2 baths • 1413 sqft

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This property looks like a bad Airbnb investment with a projected -14.29% first-year return on $76,590 initial cash invested.

-14.29%

Cash On Cash

2.28%

Cap Rate

0.39

DSCR

$1,899

Rent

-$912

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,899 income − $2,811 expenses = $912 out of pocket

Income$1,899Out of Pocket$912Mortgage P&I$1,36772%Property Taxes$43223%Insurance$1005%Management$28515%CapEx$764%Maintenance$764%Other$47525%

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,899

Total Expenses

$2,811

Mortgage P&I

72%

$1,367

Property Taxes

23%

$432

Home Insurance

5%

$100

HOA

0%

$0

Property Management

15%

$285

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$475

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