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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 -5.77% first-year return on $51,579 initial cash invested.

-5.77%

Cash On Cash

4.68%

Cap Rate

0.77

DSCR

$1,481

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,481 income − $1,729 expenses = $248 out of pocket

Income$1,481Out of Pocket$248Mortgage P&I$81255%Property Taxes$15110%Insurance$564%Management$22215%CapEx$594%Maintenance$594%Other$37025%

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

$1,481

Total Expenses

$1,729

Mortgage P&I

55%

$812

Property Taxes

10%

$151

Home Insurance

4%

$56

HOA

0%

$0

Property Management

15%

$222

CapEx

4%

$59

Vacancy

0%

$0

Maintenance

4%

$59

Other

25%

$370

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