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5403 Mintwood Ct, Erie, PA 16506

3 beds • 3 baths • 2485 sqft

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This property looks like a bad Airbnb investment with a projected -16.63% first-year return on $150k initial cash invested.

-16.63%

Cash On Cash

2.07%

Cap Rate

0.36

DSCR

$3,339

Rent

-$2,080

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,339 income − $5,419 expenses = $2,080 out of pocket

Income$3,339Out of Pocket$2,080Mortgage P&I$3,03391%Property Taxes$56217%Insurance$2207%Management$50115%CapEx$1344%Maintenance$1344%Other$83525%

Investment Breakdown

|

Purchase Price

$629k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,290

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,339

Total Expenses

$5,419

Mortgage P&I

91%

$3,033

Property Taxes

17%

$562

Home Insurance

7%

$220

HOA

0%

$0

Property Management

15%

$501

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$835

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