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3421 River Rd, Reading, PA 19605

3 beds • 2 baths • 2318 sqft

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This property looks like a bad Airbnb investment with a projected -14.97% first-year return on $93,495 initial cash invested.

-14.97%

Cash On Cash

2.42%

Cap Rate

0.4

DSCR

$2,452

Rent

-$1,166

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,452 income − $3,618 expenses = $1,166 out of pocket

Income$2,452Out of Pocket$1,166Mortgage P&I$1,79273%Property Taxes$52121%Insurance$1285%Management$36815%CapEx$984%Maintenance$984%Other$61325%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,495

Downpayment

20%

$71,900

Closing costs

1%

$3,595

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,452

Total Expenses

$3,618

Mortgage P&I

73%

$1,792

Property Taxes

21%

$521

Home Insurance

5%

$128

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$613

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