Property Analysis for 1402 E 32nd St, Savannah, GA 31404

Long-Term Rental Analysis

1402 E 32nd St, Savannah, GA 31404

$219,000 • 2 beds • 1 baths • 858 sqft

This property looks like a bad Long-Term investment with a projected -5.98% first-year return on $45,990 initial cash invested.

Cash On Cash

-5.98%

Cap Rate

5.63%

Rent

$1,512

Cashflow

-$229

Rent Confidence: High

Annual

$18,144

Median

$1,500

Avg

$1,512

Samples

Financing

Purchase Price $219k

Downpayment 20.0%

Interest Rate 7.1%

Mortgage Duration 30yr.

Cash To Invest

Total $45,990

Downpayment 20% $43,800

Closing costs 1% $2,190

Rehab 0% $0

Furnishing 0% $0

Cashflow

Total Income $1,512

Total Expenses $1,741

Mortgage P&I 78% $1,180

Property Taxes 6% $90

Home Insurance 5% $77

PManagement 10% $151

CapEx 5% $76

Vacancy 6% $91

Maintenance 5% $76

Other 0% $0

Google Maps with the subject property comparables is loading...

#	Comparable Property	Rent	Beds	Baths	SQFT	Distance
1	1226 E 35th St	$750	2	1	850	0.3 mi
2	1305 E 32nd St	$2400	2	1	832	0.2 mi
3	1304 E 34th Downstairs	$1200	2	1	900	0.2 mi
4	816 Ott St	$1500	2	1	865	0.9 mi
5	1203 E Henry St	$1600	2	1	916	0.4 mi
6	1526 E 37th St	$1250	2	1	810	0.5 mi
7	1221 Seiler Ave	$1645	2	1	931	0.6 mi
8	902 E 39th St	$2000	2	1	916	1 mi
9	803 E Duffy St	$2100	2	1	800	1 mi
10	801 E Duffy St	$2100	2	1	800	1 mi
11	730 E Henry St	$1600	2	1	800	1.1 mi
12	1319 E 38th St	$1550	2	1	960	0.6 mi
13	1131 E Henry St	$1650	2	1	980	0.5 mi
14	20 Culver St	$1100	2	1	954	1 mi
15	1402 Se 36th St	$1900	2	1	736	0.4 mi
16	1200 E Bolton St, Apt C	$975	2	1	750	0.7 mi
17	1109 E Anderson St, Unit 1/2	$1550	2	1	1000	0.5 mi
18	1109 E Anderson St	$1550	2	1	1000	0.5 mi
19	817 E 37th St	$1500	2	1	975	1 mi
20	789 E Waldburg St, Apt F	$1095	2	1	756	1.1 mi
21	789 E Waldburg Copy St, Unit F	$1175	2	1	756	1.1 mi
22	1511 E 33rd St	$1300	2	1	700	0.2 mi
23	714 Waters Ave	$1500	2	1	995	1 mi
24	814 Ott St	$1500	2	1	1000	0.9 mi
25	1402 E 42nd St, Unit 1/2	$1300	2	1.5	800	0.9 mi

Projections