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$2,421 (target)

642 Harrison Ave, Scranton, PA 18510

3 beds • 2 baths • 1600 sqft

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This property could be a profitable Mid-Term investment with a projected 15.51% first-year return on $46,434 initial cash invested.

15.51%

Cash On Cash

12.64%

Cap Rate

1.96

DSCR

$2,421

Rent

$600

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,421 income − $1,821 expenses = $600 cash flow

Income$2,421Mortgage P&I$72930%Property Taxes$2028%Insurance$663%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$600

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,434

Downpayment

20%

$27,080

Closing costs

1%

$1,354

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,421

Total Expenses

$1,821

Mortgage P&I

30%

$729

Property Taxes

8%

$202

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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