- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -6.26% first-year return on $83,790 initial cash invested.
Cash On Cash
-6.26%
Cap Rate
5.52%
Rent
$2,947
Cashflow
-$437
Rent Confidence: High
Annual
$35,364
Median
$2,850
Avg
$2,981
Samples
25
Financing
Purchase Price $399k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $83,790
Downpayment $79,800
Closing costs $3,990
Rehab $0
Furnishing $0
Cashflow
Total Income $2,947
Total Expenses $3,384
Mortgage P&I $2,124
Property Taxes $354
Home Insurance $140
PManagement $295
CapEx $147
Vacancy $177
Maintenance $147
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 10 White Birch Ln, Apt 10 | $3800 | 3 | 2 | 1400 | 0.3 mi |
2 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 1.4 mi |
3 | 21 Mayfield St, # 2 | $3000 | 3 | 2 | 1300 | 1.4 mi |
4 | 77 William St, # 1 | $3200 | 3 | 2 | 1200 | 3.6 mi |
5 | 1056 Forest Ave, Apt 3 | $2800 | 3 | 1 | 1200 | 1.5 mi |
6 | 100 Bolton St | $2800 | 3 | 1.5 | 1200 | 4 mi |
7 | 56 Chenery St | $3670 | 3 | 2 | 1494 | 2.6 mi |
8 | 18 Jackson St | $3229 | 3 | 1.5 | 1400 | 2 mi |
9 | 10 Freeman St, Unit 1 | $2695 | 3 | 1 | 1200 | 3.4 mi |
10 | 700 Ocean Ave, Unit 2 | $2500 | 3 | 1 | 1000 | 1.8 mi |
11 | 220 Veranda St | $3750 | 3 | 2 | 1697 | 3 mi |
12 | 35 Dibiase St | $2500 | 2 | 2 | 1190 | 1.6 mi |
13 | 35 Dibiase St, Unit 35DIBIASE | $2500 | 2 | 2 | 1190 | 1.6 mi |
14 | 32 Concord St | $3050 | 3 | 2 | 1776 | 2.7 mi |
15 | 75 Roberts St | $2530 | 3 | 2 | 4.1 mi | |
16 | 52 Roberts St | $2900 | 3 | 1 | 1255 | 4.3 mi |
17 | 181 Carlson St | $3595 | 3 | 2 | 1650 | 3.9 mi |
18 | 157 Wolcott St | $2800 | 3 | 1 | 1092 | 3.9 mi |
19 | 143 Lane Ave | $2850 | 3 | 1 | 960 | 2.3 mi |
20 | 1056 Forest Avenue-1056 Forest Ave, Apt 1 | $2750 | 3 | 1 | 1.5 mi | |
21 | 237 Allen Ave, Apt 5 | $2350 | 2 | 1.5 | 1150 | 0.3 mi |
22 | 101 North St, Apt 4 | $3950 | 3 | 2 | 1680 | 4.2 mi |
23 | 42 Savoy St | $3600 | 3 | 2 | 2016 | 2.4 mi |
24 | 105 Dartmouth-furnished St, Unit 1 | $3700 | 3 | 1 | 1400 | 3.5 mi |
25 | 588 Ocean Ave | $1200 | 3 | 1 | 1600 | 1.9 mi |