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1949 Reading Ave, Reading, PA 19609

3 beds • 2 baths • 1500 sqft

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This property might be a fair Airbnb investment with a projected 0.97% first-year return on $70,626 initial cash invested.

0.97%

Cash On Cash

6.72%

Cap Rate

1.15

DSCR

$3,085

Rent

$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,626

Downpayment

20%

$50,120

Closing costs

1%

$2,506

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,085

Total Expenses

$3,028

Mortgage P&I

40%

$1,224

Property Taxes

7%

$219

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$463

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$771

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