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5940 Shady Hollow Dr, Erie, PA 16506

3 beds • 3 baths • 2664 sqft

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This property looks like a bad Airbnb investment with a projected -23.91% first-year return on $145k initial cash invested.

-23.91%

Cash On Cash

0.38%

Cap Rate

0.06

DSCR

$2,062

Rent

-$2,890

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,062 income − $4,952 expenses = $2,890 out of pocket

Income$2,062Out of Pocket$2,890Mortgage P&I$2,998145%Property Taxes$72435%Insurance$22011%HOA$211%Management$30915%CapEx$824%Maintenance$824%Other$51625%

Investment Breakdown

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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

$2,062

Total Expenses

$4,952

Mortgage P&I

145%

$2,998

Property Taxes

35%

$724

Home Insurance

11%

$220

HOA

1%

$21

Property Management

15%

$309

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$516

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