- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -8.63% first-year return on $78,729 initial cash invested.
Cash On Cash
-8.63%
Cap Rate
4.96%
Rent
$2,406
Cashflow
-$566
Rent Confidence: High
Annual
$28,872
Median
$2,395
Avg
$2,405
Samples
25
Financing
Purchase Price $375k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $78,729
Downpayment $74,980
Closing costs $3,749
Rehab $0
Furnishing $0
Cashflow
Total Income $2,406
Total Expenses $2,972
Mortgage P&I $1,995
Property Taxes $166
Home Insurance $131
HOA $55
PManagement $241
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 | 16 Dellwood St | $3000 | 3 | 2 | 1334 | 2.4 mi |
2 | 313 Westover Dr | $2100 | 3 | 2 | 1170 | 1.3 mi |
3 | 7 City Cove Ln | $2950 | 3 | 2 | 1160 | 1.4 mi |
4 | 7 City Cv Ln | $2950 | 3 | 2 | 1159 | 1.4 mi |
5 | 100 Pace Ln | $2100 | 3 | 2 | 1337 | 2.6 mi |
6 | 12 Guinevere Ct | $2300 | 3 | 2 | 1350 | 2.6 mi |
7 | 45 Oak Hill Dr | $2400 | 3 | 2 | 1162 | 1.7 mi |
8 | 59 Johnston Blvd | $2300 | 3 | 2 | 1232 | 2.7 mi |
9 | 15 Hudson St | $1950 | 3 | 2 | 1250 | 3 mi |
10 | 53 Nancy St | $2500 | 3 | 2 | 1108 | 1.5 mi |
11 | 61 Haywood Rd | $1350 | 3 | 2 | 1200 | 2.8 mi |
12 | 142 Logan Ave | $2300 | 3 | 2 | 1438 | 2.8 mi |
13 | 46 Mitchell Ave | $3200 | 3 | 2 | 1487 | 2.5 mi |
14 | 18 Laurel Loop | $2700 | 3 | 2 | 1100 | 2.1 mi |
15 | 7A Woodfin Ave | $2395 | 3 | 2.5 | 1272 | 2.7 mi |
16 | 65 Montview Dr | $2295 | 3 | 2 | 1508 | 2.8 mi |
17 | 68 Rash Rd | $2395 | 3 | 1.5 | 1242 | 2.8 mi |
18 | 16 Spears Ave | $2200 | 3 | 2.5 | 1240 | 2.9 mi |
19 | 210 Gdn Cv Ln | $2450 | 3 | 2.5 | 1400 | 2.6 mi |
20 | 55 Elizabeth Pl | $2800 | 3 | 2 | 1096 | 2.8 mi |
21 | 274 Clayton Ave Apt D | $1900 | 3 | 2.5 | 1100 | 1.3 mi |
22 | 16 Spears Ave, Apt 9 | $2100 | 3 | 2.5 | 1378 | 2.9 mi |
23 | 96 Louisiana Ave | $2395 | 3 | 2 | 1602 | 2.5 mi |
24 | 85 Belmont Ave | $2500 | 3 | 1.5 | 1372 | 3.1 mi |
25 | 16 Spears Ave, Apt 23 | $2595 | 3 | 2.5 | 1390 | 2.9 mi |