- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -10.66% first-year return on $62,475 initial cash invested.
Cash On Cash
-10.66%
Cap Rate
4.49%
Rent
$1,710
Cashflow
-$555
Rent Confidence: High
Annual
$20,520
Median
$1,700
Avg
$1,689
Samples
25
Financing
Purchase Price $298k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $62,475
Downpayment $59,500
Closing costs $2,975
Rehab $0
Furnishing $0
Cashflow
Total Income $1,710
Total Expenses $2,265
Mortgage P&I $1,583
Property Taxes $132
Home Insurance $104
PManagement $171
CapEx $86
Vacancy $103
Maintenance $86
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 17 Grassy Park Dr | $995 | 2 | 1 | 900 | 1.5 mi |
2 | 6 Dogwood Ct, Apt D | $1700 | 2 | 1 | 920 | 2 mi |
3 | 6 Dogwood Ct, Apt A | $1700 | 2 | 1 | 920 | 2 mi |
4 | 397 New Haw Creek Rd, Apt D | $1400 | 2 | 1 | 900 | 1.9 mi |
5 | 144 Maxwell Rd, # A | $1995 | 2 | 1 | 855 | 1.7 mi |
6 | 45 Browndale Rd | $1500 | 2 | 1 | 768 | 0.5 mi |
7 | 84 Oteen Church Rd | $2100 | 2 | 1 | 776 | 0.6 mi |
8 | 13 Sayles Rd, Unit A | $1395 | 2 | 1 | 1200 | 2.7 mi |
9 | 901 Tunnel Rd | $1700 | 2 | 1 | 1.1 mi | |
10 | 18 Unaka Ave | $1900 | 2 | 1 | 1144 | 3.8 mi |
11 | 142 Rocking Porch Rdg | $1700 | 2 | 1.5 | 1000 | 2.8 mi |
12 | 90 Pershing Rd | $1895 | 2 | 1 | 838 | 2 mi |
13 | 4 Avon Rd, Unit 4B | $1195 | 2 | 1 | 1.3 mi | |
14 | 8A Mountain View Rd, Unit A | $1200 | 2 | 1 | 1.7 mi | |
15 | 51 Maple Dr | $1800 | 2 | 1 | 850 | 2.9 mi |
16 | 4110 Verde Vista Cir, Unit Victoria | $1779 | 2 | 2 | 1077 | 2.4 mi |
17 | 2B Gash Farm Rd | $1400 | 2 | 2 | 956 | 1.5 mi |
18 | 116-2 Arnold Rd | $1800 | 2 | 2 | 912 | 0.9 mi |
19 | 141 Rocking Porch Rdg | $1600 | 2 | 2 | 1035 | 2.8 mi |
20 | 305 Stevens Ln | $1800 | 2 | 1 | 787 | 2.2 mi |
21 | 307 Stevens Ln | $1625 | 2 | 1 | 784 | 2.2 mi |
22 | 303 Stevens Ln | $1800 | 2 | 1 | 784 | 2.2 mi |
23 | 309 Stevens Ln | $1800 | 2 | 1 | 781 | 2.2 mi |
24 | 104 Eastville Rd | $2495 | 2 | 2 | 984 | 2.1 mi |
25 | 102 Parkway Vista Dr | $1950 | 2 | 2 | 1180 | 1.4 mi |