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212 N 6th St, Olean, NY 14760

3 beds • 3 baths • 1594 sqft

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This property might be a fair Airbnb investment with a projected 9.9% first-year return on $51,264 initial cash invested.

9.9%

Cash On Cash

10.21%

Cap Rate

1.68

DSCR

$3,023

Rent

$423

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,023 income − $2,600 expenses = $423 cash flow

Income$3,023Mortgage P&I$80427%Property Taxes$2689%Insurance$773%Management$45315%CapEx$1214%Maintenance$1214%Other$75625%Cash Flow$423

Investment Breakdown

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Purchase Price

$158k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,264

Downpayment

20%

$31,680

Closing costs

1%

$1,584

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,023

Total Expenses

$2,600

Mortgage P&I

27%

$804

Property Taxes

9%

$268

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$453

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$756

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