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307 W Oak St, Olean, NY 14760

3 beds • 2 baths • 1316 sqft

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This property looks like a bad Airbnb investment with a projected -5.23% first-year return on $51,579 initial cash invested.

-5.23%

Cash On Cash

4.86%

Cap Rate

0.8

DSCR

$1,527

Rent

-$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,527 income − $1,752 expenses = $225 out of pocket

Income$1,527Out of Pocket$225Mortgage P&I$81253%Property Taxes$15110%Insurance$564%Management$22915%CapEx$614%Maintenance$614%Other$38225%

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,527

Total Expenses

$1,752

Mortgage P&I

53%

$812

Property Taxes

10%

$151

Home Insurance

4%

$56

HOA

0%

$0

Property Management

15%

$229

CapEx

4%

$61

Vacancy

0%

$0

Maintenance

4%

$61

Other

25%

$382

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