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- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -9.17% first-year return on $81,690 initial cash invested.
Cash On Cash
-9.17%
Cap Rate
4.66%
Rent
$2,352
Cashflow
-$624
Rent Confidence: High
Annual
$28,224
Median
$2,400
Avg
$2,352
Samples
25
Financing
Purchase Price $389k
Downpayment 20.0%
Interest Rate 6.7%
Mortgage Duration 30yr.
Cash To Invest
Total $81,690
Downpayment 20% $77,800
Closing costs 1% $3,890
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,352
Total Expenses $2,976
Mortgage P&I 86% $2,018
Property Taxes 9% $210
Home Insurance 6% $136
PManagement 10% $235
CapEx 5% $118
Vacancy 6% $141
Maintenance 5% $118
Other 0% $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 3 Rosemont Ct | $2400 | 3 | 3 | 1500 | 0.4 mi |
2 | 15 Alta Ave | $2800 | 3 | 3 | 1218 | 1.1 mi |
3 | 603 Fairview Rd | $2495 | 3 | 3 | 1496 | 0.6 mi |
4 | 279 Rock Hill Rd | $2200 | 3 | 3 | 1436 | 1.9 mi |
5 | 71 East St | $1995 | 3 | 2.5 | 1300 | 1.7 mi |
6 | 358 London Rd | $2500 | 3 | 3 | 1518 | 1.5 mi |
7 | 75 East St | $1995 | 3 | 2.5 | 1300 | 1.7 mi |
8 | 77 East St | $1995 | 3 | 2.5 | 1300 | 1.7 mi |
9 | 285 London Rd | $2000 | 3 | 2.5 | 1275 | 1.5 mi |
10 | 10 Beryl Ct | $2800 | 3 | 3 | 1460 | 2.2 mi |
11 | 1 Dogwood Ln | $2400 | 3 | 2.5 | 1400 | 1.3 mi |
12 | 18 Loblolly Ln | $2500 | 3 | 3 | 1600 | 1.1 mi |
13 | 22 Cedar St | $2295 | 3 | 2.5 | 1200 | 0.7 mi |
14 | 37 Crayton Park Dr | $2800 | 3 | 2.5 | 1545 | 0.1 mi |
15 | 4 Beryl Ct | $2800 | 3 | 3 | 1500 | 2.2 mi |
16 | 11 Dawson Pl | $1995 | 3 | 2 | 1300 | 0.9 mi |
17 | 530 Fairview Rd | $2400 | 3 | 2 | 1300 | 0.9 mi |
18 | 357 London Rd | $2495 | 3 | 2.5 | 1435 | 1.6 mi |
19 | 522 Fairview Rd | $2095 | 3 | 2 | 1290 | 0.9 mi |
20 | 19 Chapel Park Pl | $2500 | 3 | 2 | 1350 | 1.5 mi |
21 | 808 Academy St | $2400 | 3 | 2 | 1300 | 1.7 mi |
22 | 6 St Marys Ln | $2800 | 3 | 2.5 | 1511 | 1.7 mi |
23 | 100 River Mill Dr, # 700-104 | $1914 | 3 | 2 | 1337 | 2 mi |
24 | 100 River Mill Dr, # 500-104 | $1914 | 3 | 2 | 1337 | 2 mi |
25 | 21 Scenic Busbee Trl | $2300 | 3 | 2 | 1288 | 1.7 mi |
Projections