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4602 Pineview Ct, Erie, PA 16506

3 beds • 3 baths • 2131 sqft

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This property looks like a bad Long-Term investment with a projected -15.07% first-year return on $77,406 initial cash invested.

-15.07%

Cash On Cash

2.99%

Cap Rate

0.51

DSCR

$1,810

Rent

-$972

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,406

Downpayment

20%

$73,720

Closing costs

1%

$3,686

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,810

Total Expenses

$2,782

Mortgage P&I

99%

$1,799

Property Taxes

22%

$391

Home Insurance

7%

$122

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$90

Vacancy

6%

$109

Maintenance

5%

$90

Other

0%

$0

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Comparable Property

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2

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2

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$1,100

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1

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$2,850

5

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0.6 mi

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