REI Lense

REI Lense

Unlock all features! Tap here to upgrade

5940 Shady Hollow Dr, Erie, PA 16506

3 beds • 3 baths • 2664 sqft

Email

This property looks like a bad Airbnb investment with a projected -23.65% first-year return on $145k initial cash invested.

-23.65%

Cash On Cash

0.45%

Cap Rate

0.08

DSCR

$2,126

Rent

-$2,858

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,126 income − $4,984 expenses = $2,858 out of pocket

Income$2,126Out of Pocket$2,858Mortgage P&I$2,998141%Property Taxes$72434%Insurance$22010%HOA$211%Management$31915%CapEx$854%Maintenance$854%Other$53225%

Investment Breakdown

|

Purchase Price

$605k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$121k

Closing costs

1%

$6,049

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,126

Total Expenses

$4,984

Mortgage P&I

141%

$2,998

Property Taxes

34%

$724

Home Insurance

10%

$220

HOA

1%

$21

Property Management

15%

$319

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$532

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis