- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -12.97% first-year return on $42,840 initial cash invested.
Cash On Cash
-12.97%
Cap Rate
3.96%
Rent
$994
Cashflow
-$463
Rent Confidence: High
Annual
$11,928
Median
$950
Avg
$993
Samples
25
Financing
Purchase Price $204k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $42,840
Downpayment $40,800
Closing costs $2,040
Rehab $0
Furnishing $0
Cashflow
Total Income $994
Total Expenses $1,457
Mortgage P&I $1,086
Property Taxes $41
Home Insurance $71
PManagement $99
CapEx $50
Vacancy $60
Maintenance $50
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 2830 Wilson Ave | $1200 | 1 | 1 | 750 | 1.4 mi |
2 | 3224E 5th Ave, Unit Fl | $950 | 1 | 1 | 750 | 2.1 mi |
3 | 3224E 5th Ave, Unit 3 | $950 | 1 | 1 | 750 | 2.1 mi |
4 | 3607 Boyds Bridge Pike | $950 | 1 | 1 | 640 | 0.4 mi |
5 | 2317 E Magnolia Ave, Apt 2 | $1100 | 1 | 1 | 750 | 2.7 mi |
6 | 3101 Marble Hill Blvd | $1200 | 1 | 1 | 875 | 0.6 mi |
7 | 3212 E 5th Ave, Unit Fl | $950 | 1 | 1 | 700 | 2.1 mi |
8 | 409 Milligan St | $900 | 1 | 1 | 800 | 2.2 mi |
9 | 1642 Hillwood Dr, Apt H3 | $950 | 1 | 1 | 738 | 3.6 mi |
10 | 1642 Hillwood Dr, Apt H14 | $950 | 1 | 1 | 738 | 3.6 mi |
11 | 4200 Mccalla Ave, Apt 1 | $1200 | 1 | 1 | 600 | 2.2 mi |
12 | 4200 Mccalla Ave, Apt 2 | $1200 | 1 | 1 | 600 | 2.2 mi |
13 | 3137 Ashland Ave | $925 | 1 | 1 | 1.7 mi | |
14 | 2121 Pleasant View Rd, Unit 2 | $1400 | 1 | 1 | 850 | 3.7 mi |
15 | 3010 E Magnolia Ave | $775 | 1 | 1 | 2 mi | |
16 | 2913 Hackman St | $900 | 1 | 1 | 615 | 3.7 mi |
17 | 3603 Ashland Ave Apt A | $749 | 1 | 1 | 500 | 1.6 mi |
18 | 2300 Washington Ave | $900 | 1 | 1 | 3 mi | |
19 | 1939 Mccalla Ave, Apt 4 | $850 | 1 | 1 | 3.1 mi | |
20 | 1939 Mccalla Ave, Apt 5 | $795 | 1 | 1 | 3.1 mi | |
21 | 109 N Cruze St, Apt 2 | $825 | 1 | 1 | 3.1 mi | |
22 | 1925 Dodson Ave | $1300 | 1 | 1 | 568 | 3.3 mi |
23 | 109 N Cruze St, Apt 1 | $825 | 1 | 1 | 3.1 mi | |
24 | 5101 Ne Asheville Hwy, Unit 23 | $1195 | 1 | 1 | 3.3 mi | |
25 | 5101 Asheville Hwy, Apt 24 | $875 | 1 | 1 | 3.3 mi |