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Long-Term Rental Analysis
1255 S Grant Avenue, Tacoma, WA 98405
$350,000 • 2 beds • 1 baths • 1092 sqft
This property looks like a bad Long-Term investment with a projected -10.12% first-year return on $73,500 initial cash invested.
Cash On Cash
-10.12%
Cap Rate
4.58%
Rent
$1,845
Signal: Low
Cashflow
-$620
Financing
Purchase Price $350k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $73,500
Downpayment $70,000
Closing costs $3,500
Rehab $0
Furnishing $0
Cashflow
Total Income $1,845
Total Expenses $2,465
Mortgage P&I $1,863
Property Taxes $1
Home Insurance $122
PManagement $184
CapEx $92
Vacancy $111
Maintenance $92
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1007 S State St | $2000 | 2 | 1 | 1100 | 0.6 mi |
| 2 | 611 S Anderson St, Unit B3 | $2100 | 2 | 1 | 1075 | 1.2 mi |
| 3 | 611 S Anderson St, Unit A3 | $2100 | 2 | 1 | 1075 | 1.2 mi |
| 4 | 611 S Anderson St, Unit B4 | $2100 | 2 | 1 | 1075 | 1.2 mi |
| 5 | 2602 6th Ave | $1875 | 2 | 1 | 1125 | 1.2 mi |
| 6 | 2117 S I St | $2150 | 2 | 1 | 1060 | 1.3 mi |
| 7 | 2215 S 17th St | $1900 | 2 | 1 | 1014 | 0.7 mi |
| 8 | 906 S J St | $2200 | 2 | 1 | 1024 | 0.9 mi |
| 9 | 1009 S State St, Unit 1 | $2000 | 2 | 1 | 1000 | 0.6 mi |
| 10 | 403 N M St, Unit 403 | $1950 | 2 | 1 | 1050 | 1.3 mi |
| 11 | 813 S Cushman Ave # B | $1600 | 2 | 1 | 1000 | 0.6 mi |
| 12 | 811 S Cushman Ave # A | $1600 | 2 | 1 | 1000 | 0.7 mi |
| 13 | 811 S Cushman Ave Unit A | $1600 | 2 | 1 | 1000 | 0.7 mi |
| 14 | 1204 S Grant Ave | $1845 | 2 | 1 | 950 | 0.2 mi |
| 15 | 816 S 8th St, Apt 301 | $1695 | 2 | 1 | 1000 | 1.1 mi |
| 16 | 816 S 8th St, Apt 201 | $1545 | 2 | 1 | 1000 | 1.1 mi |
| 17 | 816 S 8th St, Apt 103 | $1545 | 2 | 1 | 1000 | 1.1 mi |
| 18 | 2616 S 7th St | $2149 | 2 | 1 | 1004 | 1.1 mi |
| 19 | 816 S 8th St, Apt 104 | $1395 | 2 | 1 | 1000 | 1.1 mi |
| 20 | 622 S Anderson St | $1817 | 2 | 1 | 998 | 1.2 mi |
| 21 | 509 S 15th St, Apt 2 | $1800 | 2 | 1 | 1000 | 1.3 mi |
| 22 | 1040 S Ferry St, Apt 3 | $1450 | 2 | 1 | 922 | 0.5 mi |
| 23 | 1040 S Ferry St, Apt 4 | $1518 | 2 | 1 | 922 | 0.5 mi |
| 24 | 948 S Sheridan Ave, Apt 2 | $1825 | 2 | 1 | 900 | 0.5 mi |
| 25 | 1014 S Pine St | $1995 | 2 | 1 | 950 | 1.2 mi |