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- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -0.95% first-year return on $63,000 initial cash invested.
Cash On Cash
-0.95%
Cap Rate
6.68%
Rent
$2,444
Cashflow
-$50
Rent Confidence: High
Annual
$29,328
Median
$2,300
Avg
$2,446
Samples
25
Financing
Purchase Price $300k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $63,000
Downpayment 20% $60,000
Closing costs 1% $3,000
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,444
Total Expenses $2,494
Mortgage P&I 65% $1,597
Property Taxes 6% $157
Home Insurance 4% $105
PManagement 10% $244
CapEx 5% $122
Vacancy 6% $147
Maintenance 5% $122
Other 0% $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 1826 E Portland St | $1995 | 4 | 2 | 1238 | 0.9 mi |
2 | 1214 E Garfield St | $2700 | 4 | 3 | 1690 | 0.5 mi |
3 | 322 N 13th St, Unit 1 | $3499 | 4 | 2.5 | 1980 | 0.6 mi |
4 | 1641 E Monroe St, Unit B | $2500 | 4 | 3.5 | 1528 | 0.8 mi |
5 | 1529 E Mckinley St | $1995 | 3 | 2 | 1293 | 0.2 mi |
6 | 1348 E Brill St, Apt 1 | $2250 | 3 | 2 | 1428 | 1 mi |
7 | 617 N 14th St | $2395 | 3 | 2 | 1226 | 0.2 mi |
8 | 326 N 15th St | $2000 | 3 | 2 | 1231 | 0.4 mi |
9 | 1150 E Polk St | $2395 | 4 | 3 | 1974 | 0.7 mi |
10 | 1522 E Pierce St, Unit A | $1985 | 3 | 2 | 1190 | 0.1 mi |
11 | 1522 E Pierce St, # A | $2295 | 3 | 2 | 1190 | 0.1 mi |
12 | 1327 E Pierce St | $2300 | 3 | 2 | 1200 | 0.3 mi |
13 | 1633 E Garfield St | $2300 | 3 | 2 | 1200 | 0.4 mi |
14 | 329 N 12th St, Unit A | $3200 | 3 | 2 | 1196 | 0.6 mi |
15 | 501 N 13th St, Apt A | $2395 | 3 | 2 | 1646 | 0.4 mi |
16 | 125 N 18th St, Apt 222 | $2250 | 3 | 2 | 1206 | 0.9 mi |
17 | 125 N 18th St, Apt 121 | $2250 | 3 | 2 | 1206 | 0.9 mi |
18 | 125 N 18th St, Apt 221 | $2250 | 3 | 2 | 1206 | 0.9 mi |
19 | 918 E Taylor St | $2600 | 3 | 2 | 1600 | 1 mi |
20 | 322 N 13th St | $3300 | 4 | 4 | 1660 | 0.6 mi |
21 | 340 N 12th St, Unit A | $1850 | 3 | 2 | 1150 | 0.7 mi |
22 | 340 N 12th St | $1850 | 3 | 2 | 1150 | 0.7 mi |
23 | 606 N 14th St | $2600 | 3 | 2 | 1100 | 0.2 mi |
24 | 1638 E Willetta St | $3995 | 3 | 2 | 1160 | 1 mi |
25 | 330 N 15th St | $1995 | 3 | 2 | 1100 | 0.4 mi |
Projections