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$4,960 (target)

5321 Teakwood Ct, Erie, PA 16506

3 beds • 3 baths • 2648 sqft

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This property looks like a bad Mid-Term investment with a projected -3.12% first-year return on $124k initial cash invested.

-3.12%

Cash On Cash

6.23%

Cap Rate

0.95

DSCR

$4,960

Rent

-$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,960 income − $5,282 expenses = $322 out of pocket

Income$4,960Out of Pocket$322Mortgage P&I$2,74655%Property Taxes$66613%Insurance$1844%Management$59512%CapEx$1984%Vacancy$1493%Maintenance$1984%Other$54611%

Investment Breakdown

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Purchase Price

$505k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,047

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,960

Total Expenses

$5,282

Mortgage P&I

55%

$2,746

Property Taxes

13%

$666

Home Insurance

4%

$184

HOA

0%

$0

Property Management

12%

$595

CapEx

4%

$198

Vacancy

3%

$149

Maintenance

4%

$198

Other

11%

$546

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