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505 Glenn St, Shippensburg, PA 17257

3 beds • 2 baths • 1760 sqft

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This property looks like a bad Airbnb investment with a projected -12.47% first-year return on $94,629 initial cash invested.

-12.47%

Cash On Cash

3.01%

Cap Rate

0.51

DSCR

$2,446

Rent

-$983

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,446 income − $3,429 expenses = $983 out of pocket

Income$2,446Out of Pocket$983Mortgage P&I$1,79974%Property Taxes$32413%Insurance$1315%Management$36715%CapEx$984%Maintenance$984%Other$61225%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,629

Downpayment

20%

$72,980

Closing costs

1%

$3,649

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,446

Total Expenses

$3,429

Mortgage P&I

74%

$1,799

Property Taxes

13%

$324

Home Insurance

5%

$131

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$612

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