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$3,392 (target)

5665 Winthrop Dr, Erie, PA 16506

3 beds • 3 baths • 2714 sqft

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This property looks like a bad Mid-Term investment with a projected -15.31% first-year return on $150k initial cash invested.

-15.31%

Cash On Cash

2.7%

Cap Rate

0.44

DSCR

$3,392

Rent

-$1,920

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,392 income − $5,312 expenses = $1,920 out of pocket

Income$3,392Out of Pocket$1,920Mortgage P&I$3,20394%Property Taxes$71421%Insurance$2337%HOA$8Management$40712%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37311%

Investment Breakdown

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Purchase Price

$631k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,309

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,392

Total Expenses

$5,312

Mortgage P&I

94%

$3,203

Property Taxes

21%

$714

Home Insurance

7%

$233

HOA

0%

$8

Property Management

12%

$407

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$373

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