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2230 Monroe Ave, Reading, PA 19609

3 beds • 2 baths • 1392 sqft

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This property looks like a bad Airbnb investment with a projected -0.58% first-year return on $61,995 initial cash invested.

-0.58%

Cash On Cash

6.86%

Cap Rate

1.07

DSCR

$2,700

Rent

-$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,995

Downpayment

20%

$41,900

Closing costs

1%

$2,095

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,700

Total Expenses

$2,730

Mortgage P&I

41%

$1,120

Property Taxes

9%

$237

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$675

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