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- Mid-Term
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This property looks like a bad Long-Term investment with a projected -9.57% first-year return on $60,690 initial cash invested.
Cash On Cash
-9.57%
Cap Rate
4.71%
Rent
$1,624
Cashflow
-$484
Rent Confidence: High
Annual
$19,488
Median
$1,600
Avg
$1,627
Samples
25
Financing
Purchase Price $289k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $60,690
Downpayment 20% $57,800
Closing costs 1% $2,890
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,624
Total Expenses $2,108
Mortgage P&I 95% $1,538
Property Taxes 3% $48
Home Insurance 6% $101
PManagement 10% $162
CapEx 5% $81
Vacancy 6% $97
Maintenance 5% $81
Other 0% $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 4 Snelson-sne Ln, Lot 4 | $1300 | 2 | 2 | 924 | 0.3 mi |
2 | 3A Gash Farm Rd | $1400 | 2 | 2 | 834 | 1.4 mi |
3 | 116-2 Arnold Rd | $1550 | 2 | 2 | 912 | 0.9 mi |
4 | 2B Gash Farm Rd | $1400 | 2 | 2 | 956 | 1.4 mi |
5 | 17 Grassy Park Dr | $995 | 2 | 1 | 900 | 0.5 mi |
6 | 305 Stevens Ln | $1800 | 2 | 1 | 787 | 0.5 mi |
7 | 307 Stevens Ln | $1625 | 2 | 1 | 784 | 0.5 mi |
8 | 303 Stevens Ln | $1800 | 2 | 1 | 784 | 0.5 mi |
9 | 309 Stevens Ln | $1800 | 2 | 1 | 781 | 0.5 mi |
10 | 102 Parkway Vista Dr | $1950 | 2 | 2 | 1180 | 0.5 mi |
11 | 144 Maxwell Rd, # A | $1995 | 2 | 1 | 855 | 1.7 mi |
12 | 107 Eastville Rd | $1900 | 2 | 2 | 1.3 mi | |
13 | 17-1 Howards Row Pl | $1600 | 2 | 2 | 1.3 mi | |
14 | 162 New Salem Rd | $1100 | 2 | 2 | 750 | 3.7 mi |
15 | 20 Willow Ct | $1395 | 2 | 2 | 1.7 mi | |
16 | 431 Governors View Rd | $1800 | 2 | 1 | 864 | 2.4 mi |
17 | 45 Browndale Rd | $1500 | 2 | 1 | 768 | 1.4 mi |
18 | 84 Oteen Church Rd | $2100 | 2 | 1 | 776 | 1.6 mi |
19 | 1 Overton Way, # 04BE301 | $1506 | 2 | 2 | 950 | 4.6 mi |
20 | 1 Overton Way, # 02BE101 | $1556 | 2 | 2 | 950 | 4.6 mi |
21 | 1 Overton Way, # 09BE105 | $1556 | 2 | 2 | 950 | 4.6 mi |
22 | 51 Maple Dr | $1800 | 2 | 1 | 850 | 3.5 mi |
23 | 90 Pershing Rd | $1895 | 2 | 1 | 838 | 3.4 mi |
24 | 3 Double Oaks Dr, # B | $1850 | 2 | 1 | 800 | 2.7 mi |
25 | 688 Upper Grassy Branch Ext | $1500 | 2 | 2 | 3.1 mi |
Projections