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Long-Term Rental Analysis
1025 W 38th St, Savannah, GA 31415
$145,000 • 3 beds • 2 baths • 1722 sqft
This property could be a profitable Long-Term investment with a projected 35.43% first-year return on $30,450 initial cash invested.
Cash On Cash
35.43%
Cap Rate
14.82%
Rent
$2,400
Signal: Low
Cashflow
$899
Financing
Purchase Price $145k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $30,450
Downpayment $29,000
Closing costs $1,450
Rehab $0
Furnishing $0
Cashflow
Total Income $2,400
Total Expenses $1,501
Mortgage P&I $772
Property Taxes $54
Home Insurance $51
PManagement $240
CapEx $120
Vacancy $144
Maintenance $120
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 220 W 35th St | $2750 | 3 | 2 | 1728 | 1 mi |
| 2 | 630 W 38th St | $2050 | 3 | 2 | 1600 | 0.5 mi |
| 3 | 14 E 33rd St | $3200 | 3 | 2 | 1804 | 1.4 mi |
| 4 | 2235 Whitaker St | $3200 | 3 | 2 | 1600 | 1.1 mi |
| 5 | 509 W 37th St, Unit Lower | $1800 | 3 | 2 | 1558 | 0.7 mi |
| 6 | 1008 W Victory Dr | $1700 | 3 | 2 | 1504 | 0.5 mi |
| 7 | 21 W 34th St | $2800 | 3 | 2 | 1555 | 1.2 mi |
| 8 | 411 W 35th St | $2800 | 3 | 2 | 1500 | 0.8 mi |
| 9 | 639 W 42nd St | $1850 | 3 | 1.5 | 1617 | 0.7 mi |
| 10 | 411 W 35th St, Unit A | $2400 | 3 | 2 | 1450 | 0.8 mi |
| 11 | 411 W 35th St, Unit B | $2600 | 3 | 2 | 1450 | 0.8 mi |
| 12 | 620 W 38th St, Unit A | $1800 | 3 | 2 | 2112 | 0.5 mi |
| 13 | 625 W 38th St | $1695 | 3 | 2 | 1368 | 0.5 mi |
| 14 | 1723 Whitaker St, Unit Lower | $1900 | 3 | 1.5 | 1845 | 1.2 mi |
| 15 | 309 W 33rd St, Unit Upper | $2950 | 3 | 2 | 1409 | 1 mi |
| 16 | 309 W 33rd St, Unit A | $2950 | 3 | 2 | 1409 | 1 mi |
| 17 | 923 W Victory Dr | $2200 | 3 | 2 | 0.6 mi | |
| 18 | 2508 Harden St | $1750 | 3 | 2 | 0.5 mi | |
| 19 | 610 W 37th St | $2000 | 3 | 2 | 0.6 mi | |
| 20 | 206 W 39th St | $2700 | 3 | 2.5 | 1966 | 1 mi |
| 21 | 2304 Barnard St | $3400 | 3 | 2.5 | 1952 | 1.1 mi |
| 22 | 2008 Whitaker St | $2995 | 3 | 2.5 | 1970 | 1.2 mi |
| 23 | 314 W 42nd St, Unit Main | $2400 | 3 | 2 | 1300 | 1 mi |
| 24 | 310 W 42nd St | $2300 | 3 | 2 | 1300 | 1 mi |
| 25 | 723 W 47th St | $1900 | 3 | 2 | 0.9 mi |