- Airbnb
- Long-Term
- Mid-Term
This property might be a fair Long-Term investment with a projected 2.8% first-year return on $31,290 initial cash invested.
Cash On Cash
2.8%
Cap Rate
7.54%
Rent
$1,407
Cashflow
$73
Rent Confidence: High
Annual
$16,884
Median
$1,395
Avg
$1,406
Samples
25
Financing
Purchase Price $149k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $31,290
Downpayment $29,800
Closing costs $1,490
Rehab $0
Furnishing $0
Cashflow
Total Income $1,407
Total Expenses $1,334
Mortgage P&I $793
Property Taxes $124
Home Insurance $52
PManagement $141
CapEx $70
Vacancy $84
Maintenance $70
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 1705 Gordon St | $1400 | 3 | 2 | 0.2 mi | |
2 | 1803 Water St | $1295 | 3 | 2 | 1157 | 0.2 mi |
3 | 1806 11th St | $1645 | 3 | 2 | 1248 | 0.2 mi |
4 | 1718 Kay St | $1545 | 3 | 2 | 1062 | 0.5 mi |
5 | 1608 Kay St | $1495 | 3 | 2 | 1184 | 0.7 mi |
6 | 1513 Park Ave | $1350 | 3 | 2 | 0.9 mi | |
7 | 1621 Upland Dr | $1800 | 3 | 2 | 1008 | 0.9 mi |
8 | 1504 17th St | $1495 | 3 | 2 | 1365 | 0.9 mi |
9 | 2008 Ashley Dr | $1345 | 3 | 2 | 1250 | 0.9 mi |
10 | 2023 Textile Dr | $1175 | 3 | 2 | 1044 | 1.1 mi |
11 | 1809 Gatewood Ave | $1150 | 3 | 2 | 1.1 mi | |
12 | 2012 Bywood Rd | $1785 | 3 | 2 | 1143 | 1.2 mi |
13 | 1211 Hickory Ave | $1450 | 3 | 2 | 1.2 mi | |
14 | 1500 Gatewood Ave | $1095 | 3 | 2 | 1.2 mi | |
15 | 1508 Barto Pl | $1100 | 3 | 2 | 978 | 1.2 mi |
16 | 2311 Larkspur Dr | $1575 | 3 | 2 | 1.3 mi | |
17 | 2114 Fairbrother St | $1395 | 3 | 2 | 1134 | 1.4 mi |
18 | 2137 Fairbrother St | $1350 | 3 | 2 | 1118 | 1.5 mi |
19 | 2123 Hubbard St | $1565 | 3 | 2 | 1.6 mi | |
20 | 3203 Conrad St | $1600 | 3 | 2 | 1190 | 1.6 mi |
21 | 3210 Harte Pl | $1550 | 3 | 2 | 1348 | 1.7 mi |
22 | 1500 Guest St | $1350 | 3 | 2 | 1.9 mi | |
23 | 2509 Pinnix St, Unit B | $1350 | 3 | 2 | 860 | 1.9 mi |
24 | 2509 Pinnix St, Unit A | $1350 | 3 | 2 | 860 | 1.9 mi |
25 | 2507 Pinnix St | $950 | 3 | 2 | 1.9 mi |