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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 -12.53% first-year return on $76,590 initial cash invested.

-12.53%

Cash On Cash

2.8%

Cap Rate

0.48

DSCR

$2,115

Rent

-$800

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,115 income − $2,915 expenses = $800 out of pocket

Income$2,115Out of Pocket$800Mortgage P&I$1,36765%Property Taxes$43220%Insurance$1005%Management$31715%CapEx$854%Maintenance$854%Other$52925%

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

$2,115

Total Expenses

$2,915

Mortgage P&I

65%

$1,367

Property Taxes

20%

$432

Home Insurance

5%

$100

HOA

0%

$0

Property Management

15%

$317

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$529

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