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3141 Oakley Dr, Erie, PA 16506

3 beds • 3 baths • 1765 sqft

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This property looks like a bad Airbnb investment with a projected -18.99% first-year return on $95,049 initial cash invested.

-18.99%

Cash On Cash

1.54%

Cap Rate

0.25

DSCR

$1,811

Rent

-$1,504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,811 income − $3,315 expenses = $1,504 out of pocket

Income$1,811Out of Pocket$1,504Mortgage P&I$1,902105%Property Taxes$41123%Insurance$1337%Management$27215%CapEx$724%Maintenance$724%Other$45325%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,049

Downpayment

20%

$73,380

Closing costs

1%

$3,669

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,811

Total Expenses

$3,315

Mortgage P&I

105%

$1,902

Property Taxes

23%

$411

Home Insurance

7%

$133

HOA

0%

$0

Property Management

15%

$272

CapEx

4%

$72

Vacancy

0%

$0

Maintenance

4%

$72

Other

25%

$453

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