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2287 Fairfield Cir, State College, PA 16801

3 beds • 2 baths • 1509 sqft

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This property looks like a bad Airbnb investment with a projected -12.2% first-year return on $101k initial cash invested.

-12.2%

Cash On Cash

3.46%

Cap Rate

0.56

DSCR

$2,855

Rent

-$1,026

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,855 income − $3,881 expenses = $1,026 out of pocket

Income$2,855Out of Pocket$1,026Mortgage P&I$2,05072%Property Taxes$32311%Insurance$1385%Management$42815%CapEx$1144%Maintenance$1144%Other$71425%

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,855

Total Expenses

$3,881

Mortgage P&I

72%

$2,050

Property Taxes

11%

$323

Home Insurance

5%

$138

HOA

0%

$0

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$714

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Comparable Property

Rent

ADR

Beds

Baths

Distance

5 mins Downtown/Stadium - New

$2,034

$352

3

2

0.45 mi

Close to everything - 2 miles from campus!

$6,744

$1,167

3

2

0.46 mi

Spacious Stay Near Penn State

$5,577

$965

3

2.5

0.08 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Projection Charts

Investment Value YoY

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