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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 -18.43% first-year return on $93,495 initial cash invested.

-18.43%

Cash On Cash

1.45%

Cap Rate

0.24

DSCR

$1,932

Rent

-$1,436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,932 income − $3,368 expenses = $1,436 out of pocket

Income$1,932Out of Pocket$1,436Mortgage P&I$1,79293%Property Taxes$52127%Insurance$1287%Management$29015%CapEx$774%Maintenance$774%Other$48325%

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

$1,932

Total Expenses

$3,368

Mortgage P&I

93%

$1,792

Property Taxes

27%

$521

Home Insurance

7%

$128

HOA

0%

$0

Property Management

15%

$290

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$483

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