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This property could be a profitable Long-Term investment with a projected 22.13% first-year return on $27,279 initial cash invested.
Cash On Cash
22.13%
Cap Rate
11.76%
Rent
$1,724
Cashflow
$503
Rent Confidence: High
Annual
$20,688
Median
$1,700
Avg
$1,750
Samples
25
Financing
Purchase Price $130k
Downpayment 20.0%
Interest Rate 6.9%
Mortgage Duration 30yr.
Cash To Invest
Total $27,279
Downpayment 20% $25,980
Closing costs 1% $1,299
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,724
Total Expenses $1,221
Mortgage P&I 40% $684
Property Taxes 3% $44
Home Insurance 3% $46
PManagement 10% $172
CapEx 5% $86
Vacancy 6% $103
Maintenance 5% $86
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1016 Groner Dr | $1600 | 3 | 1 | 890 | 0.5 mi |
| 2 | 2222 Chester St | $1650 | 3 | 1 | 865 | 0.7 mi |
| 3 | 2301 Brooks Ave | $1700 | 3 | 1 | 1211 | 0.9 mi |
| 4 | 1709 E 5th Ave, Apt 2 | $1495 | 3 | 1 | 1200 | 1.1 mi |
| 5 | 718 Wells Ave, Apt 2 | $1600 | 3 | 1 | 1100 | 2.3 mi |
| 6 | 320 E Glenwood Ave | $1795 | 3 | 1 | 1148 | 2 mi |
| 7 | 2331 Riverside Dr | $1850 | 3 | 1 | 1250 | 1.3 mi |
| 8 | 2314 E 5th Ave | $1650 | 3 | 1 | 1284 | 1 mi |
| 9 | 1617 Henrietta Ave | $1900 | 3 | 1.5 | 1161 | 0.8 mi |
| 10 | 1614 Brown Ave | $1700 | 3 | 1 | 1167 | 2.5 mi |
| 11 | 1900 Bethel Ave | $1775 | 3 | 1.5 | 1217 | 0.3 mi |
| 12 | 2503 E Glenwood Ave | $1800 | 3 | 2 | 1000 | 1.6 mi |
| 13 | 2745 Tarleton Ave | $1596 | 3 | 1 | 1323 | 1.7 mi |
| 14 | 918 Gertrude Ave | $2200 | 3 | 2 | 1050 | 1.8 mi |
| 15 | 2418 Washington Ave | $2000 | 3 | 2 | 1086 | 1.4 mi |
| 16 | 2225 Atchley St, Apt 1 | $1850 | 3 | 1 | 1275 | 2.4 mi |
| 17 | 221 S Castle St | $1495 | 3 | 1 | 1294 | 2.2 mi |
| 18 | 1321 Baker Ave | $1495 | 3 | 2 | 960 | 2.3 mi |
| 19 | 3116 Sunset Ave | $1450 | 3 | 1 | 2.3 mi | |
| 20 | 1919 Hoitt Ave | $1350 | 3 | 1 | 2.4 mi | |
| 21 | 612 N Chestnut St | $1900 | 3 | 1 | 1471 | 1.4 mi |
| 22 | 2419 E Glenwood Ave | $2000 | 3 | 2 | 1144 | 1.5 mi |
| 23 | 2909 Woodbine Ave | $1800 | 3 | 1 | 1452 | 2.3 mi |
| 24 | 714 Morgan St | $2495 | 3 | 2 | 1144 | 2.1 mi |
| 25 | 2636 Linden Ave | $1600 | 3 | 2 | 1200 | 1.5 mi |
Projections