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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 -23.37% first-year return on $150k initial cash invested.

-23.37%

Cash On Cash

0.34%

Cap Rate

0.06

DSCR

$1,718

Rent

-$2,923

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,718 income − $4,641 expenses = $2,923 out of pocket

Income$1,718Out of Pocket$2,923Mortgage P&I$3,033177%Property Taxes$56233%Insurance$22013%Management$25815%CapEx$694%Maintenance$694%Other$43025%

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

$1,718

Total Expenses

$4,641

Mortgage P&I

177%

$3,033

Property Taxes

33%

$562

Home Insurance

13%

$220

HOA

0%

$0

Property Management

15%

$258

CapEx

4%

$69

Vacancy

0%

$0

Maintenance

4%

$69

Other

25%

$430

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