- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -8.44% first-year return on $65,520 initial cash invested.
Cash On Cash
-8.44%
Cap Rate
4.98%
Rent
$1,870
Cashflow
-$461
Rent Confidence: High
Annual
$22,440
Median
$1,901
Avg
$1,892
Samples
25
Financing
Purchase Price $312k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $65,520
Downpayment $62,400
Closing costs $3,120
Rehab $0
Furnishing $0
Cashflow
Total Income $1,870
Total Expenses $2,331
Mortgage P&I $1,661
Property Taxes $74
Home Insurance $109
PManagement $187
CapEx $94
Vacancy $112
Maintenance $94
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 3 Double Oaks Dr, # A | $1950 | 3 | 1 | 900 | 3.2 mi |
2 | 320 New Salem Rd | $1795 | 3 | 1 | 912 | 3.5 mi |
3 | 732 Fairview Rd | $2600 | 3 | 1 | 912 | 5.2 mi |
4 | 9 Teems Ln | $2100 | 3 | 2 | 1100 | 1.4 mi |
5 | 1 Overton Way, # 15BE103 | $1901 | 3 | 2 | 901 | 4.3 mi |
6 | 17 Grassy Park Dr | $995 | 2 | 1 | 900 | 1.2 mi |
7 | 305 Stevens Ln | $1800 | 2 | 1 | 787 | 0.4 mi |
8 | 307 Stevens Ln | $1625 | 2 | 1 | 784 | 0.4 mi |
9 | 303 Stevens Ln | $1800 | 2 | 1 | 784 | 0.4 mi |
10 | 23 Pleasant Ridge Dr | $2295 | 3 | 1.5 | 1300 | 1.7 mi |
11 | 309 Stevens Ln | $1800 | 2 | 1 | 781 | 0.4 mi |
12 | 93 Raleigh Rd | $2175 | 3 | 1 | 1123 | 5 mi |
13 | 12 Beechwood Rd | $1900 | 3 | 1 | 1185 | 4.6 mi |
14 | 9 Looking Glass Ln | $1850 | 3 | 2 | 1.6 mi | |
15 | 144 Maxwell Rd, # A | $1995 | 2 | 1 | 855 | 2.4 mi |
16 | 43 Pinehurst Rd | $2200 | 3 | 1.5 | 1135 | 4.1 mi |
17 | 741 Bee Tree Rd | $1100 | 1 | 800 | 4.8 mi | |
18 | 743 Bee Tree Rd | $1100 | 1 | 800 | 4.8 mi | |
19 | 4 Pinehurst Rd | $2200 | 3 | 1.5 | 4 mi | |
20 | 14 Sleepy Hollow Ln | $1800 | 3 | 2 | 1210 | 2.2 mi |
21 | 116 Arnold Rd | $2050 | 3 | 2 | 1300 | 1.5 mi |
22 | 726 Fairview Rd | $2200 | 3 | 1.5 | 1100 | 5.2 mi |
23 | 431 Little Sycamore Ln | $2229 | 3 | 2 | 1080 | 4 mi |
24 | 20 Rocking Porch Rd | $1995 | 3 | 2 | 1008 | 4.9 mi |
25 | 1 Gash Farm Rd | $1850 | 3 | 2 | 1368 | 1.5 mi |