- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -2.96% first-year return on $33,600 initial cash invested.
Cash On Cash
-2.96%
Cap Rate
6.23%
Rent
$1,232
Cashflow
-$83
Rent Confidence: High
Annual
$14,784
Median
$1,225
Avg
$1,232
Samples
25
Financing
Purchase Price $160k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $33,600
Downpayment $32,000
Closing costs $1,600
Rehab $0
Furnishing $0
Cashflow
Total Income $1,232
Total Expenses $1,315
Mortgage P&I $852
Property Taxes $86
Home Insurance $56
PManagement $123
CapEx $62
Vacancy $74
Maintenance $62
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 2217 E Gate City Blvd | $1295 | 3 | 1 | 0.5 mi | |
2 | 2219 E Gate City Blvd | $1225 | 3 | 1 | 0.5 mi | |
3 | 914 Dunbar St | $1395 | 3 | 1 | 912 | 0.8 mi |
4 | 2119 Joe Louis Ave | $1195 | 3 | 1 | 1.1 mi | |
5 | 3617 Holts Chapel Rd | $1325 | 3 | 1 | 1.2 mi | |
6 | 3625 Holts Chapel Rd | $1495 | 3 | 1 | 1.2 mi | |
7 | 112 S Raleigh St | $895 | 3 | 1 | 960 | 1.3 mi |
8 | 1602 Quincy St | $1275 | 3 | 1 | 1.3 mi | |
9 | 1615 Eastwood Ave | $1345 | 3 | 1 | 948 | 1.4 mi |
10 | 5 Ross Ct | $1350 | 3 | 1 | 1.4 mi | |
11 | 704 Dewitt St | $995 | 3 | 1 | 747 | 1.4 mi |
12 | 704 Dewitt St, # 27 | $995 | 3 | 1 | 747 | 1.4 mi |
13 | 3912 Honan Dr | $1275 | 3 | 1 | 864 | 1.4 mi |
14 | 1607 Willow Rd | $1225 | 3 | 1 | 1.4 mi | |
15 | 3720 Central Ave | $1100 | 3 | 1 | 918 | 1.7 mi |
16 | 3609 Busic Ave | $950 | 3 | 1 | 1.7 mi | |
17 | 1726 Willow Rd | $1000 | 3 | 1 | 1.8 mi | |
18 | 1723 Dunbar St | $1445 | 3 | 1 | 1173 | 1.8 mi |
19 | 2103 Edmond Dr | $1400 | 3 | 1 | 1.9 mi | |
20 | 1832 Muncey Ln | $1550 | 3 | 1 | 2 mi | |
21 | 207 Penn Pl | $1200 | 3 | 1 | 2 mi | |
22 | 3932 Eastland Ave | $1275 | 3 | 1 | 1161 | 1.9 mi |
23 | 300 Penn Pl | $1200 | 3 | 1 | 2 mi | |
24 | 3507 Calumet Pl | $1195 | 3 | 1 | 2 mi | |
25 | 2802 E Bessemer Ave | $1195 | 3 | 1 | 1450 | 2.3 mi |