- Airbnb
- Long-Term
- Mid-Term
This property could be a profitable Long-Term investment with a projected 14.53% first-year return on $39,900 initial cash invested.
Cash On Cash
14.53%
Cap Rate
10.11%
Rent
$2,139
Cashflow
$483
Rent Confidence: High
Annual
$25,668
Median
$2,000
Avg
$2,163
Samples
25
Financing
Purchase Price $190k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $39,900
Downpayment $38,000
Closing costs $1,900
Rehab $0
Furnishing $0
Cashflow
Total Income $2,139
Total Expenses $1,656
Mortgage P&I $1,011
Property Taxes $23
Home Insurance $66
PManagement $214
CapEx $107
Vacancy $128
Maintenance $107
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 1735 Lake Ave, Apt 702 | $3600 | 3 | 2 | 1050 | 2.4 mi |
2 | 934 E Moody Ave | $2000 | 3 | 2 | 1086 | 2.8 mi |
3 | 511 Cambridge St | $2395 | 3 | 2 | 1177 | 1.9 mi |
4 | 119 Keeble Ave | $2000 | 3 | 1.5 | 1100 | 1.3 mi |
5 | 918 Gertrude Ave | $2200 | 3 | 2 | 1050 | 3.4 mi |
6 | 2601 Scottish Pike | $1150 | 3 | 2 | 912 | 1.5 mi |
7 | 811 Oliver Rd | $1800 | 3 | 2 | 1108 | 3.3 mi |
8 | 4450 Galbraith School Rd | $1700 | 3 | 2 | 1150 | 2.8 mi |
9 | 809 Valley Dr | $1400 | 3 | 1.5 | 1120 | 1.7 mi |
10 | 1612 Queen Anne Way | $2500 | 3 | 2 | 1150 | 3 mi |
11 | 3607 W Martin Mill Pike | $2000 | 3 | 2 | 1300 | 1.5 mi |
12 | 2500 Legion Dr | $1900 | 3 | 2 | 1200 | 2.7 mi |
13 | 3001 River Towne Way, Apt 408 | $2695 | 3 | 2 | 1408 | 1 mi |
14 | 3232 Sevier Ave | $2000 | 3 | 2 | 1150 | 3.6 mi |
15 | 3001 River Towne Way, Apt 403 | $3300 | 3 | 2 | 1408 | 1 mi |
16 | 1700 Lewis Ave | $1600 | 3 | 1 | 1056 | 1.6 mi |
17 | 1321 Baker Ave | $1495 | 3 | 2 | 960 | 3.4 mi |
18 | 3406 Compton St | $2200 | 3 | 2 | 1200 | 3.3 mi |
19 | 3209 Bikers Path Way | $1795 | 3 | 2.5 | 1100 | 3 mi |
20 | 3217 Bikers Path Way | $1750 | 3 | 2.5 | 1100 | 3 mi |
21 | 3001 River Towne Way | $2500 | 3 | 2 | 1450 | 0.9 mi |
22 | 3001 River Towne Way, Apt 110 | $2500 | 3 | 2 | 1450 | 1 mi |
23 | 3001 River Towne Way, Apt 209 | $2550 | 3 | 2 | 1450 | 1 mi |
24 | 3001 River Towne Way, Apt 507 | $3250 | 3 | 2 | 1460 | 1 mi |
25 | 1213 Sw Spruce Dr | $1800 | 3 | 2 | 1568 | 0.5 mi |