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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 -3.3% first-year return on $51,579 initial cash invested.

-3.3%

Cash On Cash

5.54%

Cap Rate

0.91

DSCR

$1,688

Rent

-$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,688 income − $1,830 expenses = $142 out of pocket

Income$1,688Out of Pocket$142Mortgage P&I$81248%Property Taxes$1519%Insurance$563%Management$25315%CapEx$684%Maintenance$684%Other$42225%

Investment Breakdown

|

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

$1,688

Total Expenses

$1,830

Mortgage P&I

48%

$812

Property Taxes

9%

$151

Home Insurance

3%

$56

HOA

0%

$0

Property Management

15%

$253

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$422

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