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$1,905 (target)

603 S 13th St, Altoona, PA 16602

3 beds • 2 baths • 1605 sqft

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This property looks like a bad Mid-Term investment with a projected -5.13% first-year return on $65,250 initial cash invested.

-5.13%

Cash On Cash

5.26%

Cap Rate

0.83

DSCR

$1,905

Rent

-$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,905 income − $2,184 expenses = $279 out of pocket

Income$1,905Out of Pocket$279Mortgage P&I$1,19062%Property Taxes$26714%Insurance$794%Management$22912%CapEx$764%Vacancy$573%Maintenance$764%Other$21011%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,905

Total Expenses

$2,184

Mortgage P&I

62%

$1,190

Property Taxes

14%

$267

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$229

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$210

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