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This property could be a profitable Long-Term investment with a projected 18.01% first-year return on $41,979 initial cash invested.
Cash On Cash
18.01%
Cap Rate
10.59%
Rent
$2,325
Cashflow
$630
Rent Confidence: High
Annual
$27,900
Median
$2,100
Avg
$2,327
Samples
25
Financing
Purchase Price $200k
Downpayment 20.0%
Interest Rate 6.6%
Mortgage Duration 30yr.
Cash To Invest
Total $41,979
Downpayment 20% $39,980
Closing costs 1% $1,999
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,325
Total Expenses $1,695
Mortgage P&I 44% $1,018
Property Taxes 0% $3
Home Insurance 3% $70
PManagement 10% $232
CapEx 5% $116
Vacancy 6% $140
Maintenance 5% $116
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 901 Googe St | $1800 | 3 | 2 | 1457 | 0.7 mi |
| 2 | 922 Carroll St | $1800 | 3 | 2 | 1461 | 1.1 mi |
| 3 | 630 W 38th St | $2050 | 3 | 2 | 1600 | 1.2 mi |
| 4 | 411 W 35th St, Unit A | $2400 | 3 | 2 | 1450 | 1.4 mi |
| 5 | 309 W 33rd St, Unit A | $2950 | 3 | 2 | 1409 | 1.4 mi |
| 6 | 309 W 33rd St, Unit Upper | $2950 | 3 | 2 | 1409 | 1.4 mi |
| 7 | 625 W 38th St | $1695 | 3 | 2 | 1368 | 1.3 mi |
| 8 | 220 W 35th St | $2750 | 3 | 2 | 1728 | 1.5 mi |
| 9 | 1310 Comer St | $2100 | 3 | 2 | 1324 | 1.5 mi |
| 10 | 628 W 32nd St | $1625 | 3 | 1.5 | 1364 | 1 mi |
| 11 | 232 Cumming St | $1300 | 3 | 2 | 1245 | 1.5 mi |
| 12 | 309 W 33rd St, Unit B | $2500 | 3 | 2 | 1209 | 1.4 mi |
| 13 | 309 W 33rd St | $2800 | 3 | 2 | 1209 | 1.4 mi |
| 14 | 1405 Jefferson St | $3250 | 3 | 2.5 | 1347 | 1.4 mi |
| 15 | 1407 Jefferson St | $3000 | 3 | 2.5 | 1347 | 1.4 mi |
| 16 | 1409 Jefferson St | $3250 | 3 | 2.5 | 1347 | 1.4 mi |
| 17 | 718 W 44th St | $1650 | 3 | 1 | 1530 | 1.6 mi |
| 18 | 210 W 36th St | $3495 | 3 | 3 | 1500 | 1.6 mi |
| 19 | 2006 Bulloch St | $3750 | 3 | 2 | 1120 | 1 mi |
| 20 | 610 W 37th St | $2000 | 3 | 2 | 1.3 mi | |
| 21 | 728 W 44th St | $1550 | 3 | 1 | 1470 | 1.6 mi |
| 22 | 2508 Harden St | $1750 | 3 | 2 | 1.5 mi | |
| 23 | 923 W Victory Dr | $2100 | 3 | 2 | 1.5 mi | |
| 24 | 823 W 39th St | $1850 | 3 | 2 | 1100 | 1.2 mi |
| 25 | 620 W 38th St, Unit A | $1800 | 3 | 2 | 2112 | 1.3 mi |
Projections