REI LenseREI Lense
  • Airbnb
  • Long-Term
  • Mid-Term
Long-Term Rental Analysis
2114 New Mexico St, Savannah, GA 31404
$234,9003 beds • 1 baths • 1178 sqft

This property looks like a bad Long-Term investment with a projected -2.48% first-year return on $49,329 initial cash invested.

Cash On Cash
-2.48%
Cap Rate
6.33%
Rent
$1,818
Cashflow
-$102
Rent Confidence:  High
Annual
$21,816
Median
$1,700
Avg
$1,823
Samples
25
Financing

Purchase Price  $235k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $49,329
Downpayment  $46,980
Closing costs  $2,349
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $1,818
Total Expenses  $1,920
Mortgage P&I  $1,250
Property Taxes  $115
Home Insurance  $82
PManagement  $182
CapEx  $91
Vacancy  $109
Maintenance  $91
Other  $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
12206 Causton Bluff Rd$12003111500.2 mi
22137 Bolling St$16003112041.3 mi
3216-A Screven Ave$16753111100.8 mi
42125 Iowa St$13953111000.8 mi
52031 Utah St$23003113480.3 mi
62032 Florida Ave$13953111041.7 mi
72309 New Mexico St$18003110020.4 mi
82125 Alaska St$17003112921.4 mi
92110 E Gwinnett St$14753110561.2 mi
101112 E Bolton St$16003111122.5 mi
112132 Greenwood St$1500319120.3 mi
12106 Helmken St$17003110251.9 mi
131810 E 32nd St$300031.512181.9 mi
142012 Hawthorne St$1600310.3 mi
151943 New Mexico St$1475310.4 mi
16305 Forrest Ave$19953211961 mi
171227 E Park Ave$17753110122.4 mi
181848 Greenville St$29503211441.1 mi
19310 Forrest Ave$1600319001 mi
20515 Pennsylvania Ave$8753212520.9 mi
211928 Skidaway Rd$21003114482.1 mi
221620 E 34th St$20003114162.4 mi
23111 Daisy Ct$29003212001.7 mi
2416 Helmken St$1955319241.9 mi
251915 Duval St$20003213000.7 mi