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44 Meadow Glen Ln, Reading, PA 19607

3 beds • 3 baths • 3347 sqft

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This property looks like a bad Airbnb investment with a projected -22.7% first-year return on $129k initial cash invested.

-22.7%

Cash On Cash

0.55%

Cap Rate

0.09

DSCR

$2,280

Rent

-$2,438

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,280 income − $4,718 expenses = $2,438 out of pocket

Income$2,280Out of Pocket$2,438Mortgage P&I$2,590114%Property Taxes$73232%Insurance$21910%HOA$834%Management$34215%CapEx$914%Maintenance$914%Other$57025%

Investment Breakdown

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Purchase Price

$528k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,279

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,280

Total Expenses

$4,718

Mortgage P&I

114%

$2,590

Property Taxes

32%

$732

Home Insurance

10%

$219

HOA

4%

$83

Property Management

15%

$342

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$570

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