This property looks like a bad Long-Term investment with a projected -8.58% first-year return on $47,250 initial cash invested.
-8.58%
Cash On Cash
5.31%
Cap Rate
0.8
DSCR
$1,860
Rent
-$338
Cashflow
$22,320
Annual
$1,800
Median
$1,850
Avg
25
Samples
Cash Flow
$1,860 income − $2,198 expenses = $338 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,860
Total Expenses
$2,198
Mortgage P&I
67%
$1,241
Property Taxes
21%
$394
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
17445 Woodford Ave, Lakewood, OH 44107 | $2,800 | 3 | 1 | 1300 | 0.5 mi |
2214 Northland Ave, Lakewood, OH 44107 | $1,880 | 3 | 1 | 1300 | 1.1 mi |
17422 Cannon Ave, Lakewood, OH 44107 | $2,205 | 3 | 1 | 1376 | 0.4 mi |
1487 Roycroft Ave, Lakewood, OH 44107 | $2,395 | 3 | 1.5 | 1254 | 0.4 mi |
19464 Shoreland Ave, Rocky River, OH 44116 | $2,500 | 3 | 1.5 | 1255 | 0.9 mi |
1657 Wagar Ave, Unit 1, Lakewood, OH 44107 | $1,470 | 3 | 1 | 1092 | 0.8 mi |
15228 Hilliard Rd, Lakewood, OH 44107 | $2,180 | 3 | 1 | 1400 | 1.2 mi |
1449 Northview Rd, Rocky River, OH 44116 | $2,350 | 3 | 1 | 1508 | 1.2 mi |
2067 Carabel Ave, Lakewood, OH 44107 | $1,850 | 3 | 1 | 1.1 mi | |
1437 Maile Ave, Lakewood, OH 44107 | $1,800 | 3 | 1 | 831 | 0.2 mi |
Projection Charts
Investment Value YoY
Annualized Return
CoC vs Downpayment
CoC vs Purchase Price