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5002 Colorado Ave, Harrisburg, PA 17109

3 beds • 1 baths • 1699 sqft

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This property looks like a bad Airbnb investment with a projected -2.63% first-year return on $69,933 initial cash invested.

-2.63%

Cash On Cash

5.51%

Cap Rate

0.96

DSCR

$2,597

Rent

-$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$247k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,933

Downpayment

20%

$49,460

Closing costs

1%

$2,473

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,597

Total Expenses

$2,750

Mortgage P&I

46%

$1,185

Property Taxes

9%

$230

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$649

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Harrisburg, PA

$2,273

$141

3

1

0.5 mi

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1

1.09 mi

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3

1.5

1.38 mi

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$3,240

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3

1.5

1.78 mi

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$2,500

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4

2

1.3 mi

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$1,100

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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