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- Long-Term
- Mid-Term
This property could be a profitable Long-Term investment with a projected 15.14% first-year return on $29,400 initial cash invested.
Cash On Cash
15.14%
Cap Rate
9.89%
Rent
$1,640
Cashflow
$371
Rent Confidence: High
Annual
$19,680
Median
$1,600
Avg
$1,642
Samples
25
Financing
Purchase Price $140k
Downpayment 20.0%
Interest Rate 6.4%
Mortgage Duration 30yr.
Cash To Invest
Total $29,400
Downpayment $28,000
Closing costs $1,400
Rehab $0
Furnishing $0
Cashflow
Total Income $1,640
Total Expenses $1,269
Mortgage P&I $701
Property Taxes $93
Home Insurance $49
PManagement 10% $164
CapEx 5% $82
Vacancy 6% $98
Maintenance 5% $82
Other 0% $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 1226 E 38th St, Unit B | $1200 | 2 | 1 | 720 | 0.4 mi |
2 | 2032 E 39th St | $1350 | 2 | 1 | 725 | 1.3 mi |
3 | 2407 Texas Ave | $1495 | 2 | 1 | 792 | 0.3 mi |
4 | 2130 E Gwinnett St | $1300 | 2 | 1 | 800 | 0.7 mi |
5 | 1404 New Jersey Ave | $2000 | 2 | 1 | 822 | 0.6 mi |
6 | 1402 Se 36th St | $1900 | 2 | 1 | 736 | 2.3 mi |
7 | 1511 E 33rd St | $1300 | 2 | 1 | 700 | 2.1 mi |
8 | 1940 Utah St | $2400 | 2 | 1 | 775 | 1.7 mi |
9 | 2112 E 39th St, Unit 2112 | $1675 | 2 | 1 | 800 | 1.2 mi |
10 | 1200 E Bolton St, Apt C | $975 | 2 | 1 | 750 | 2.6 mi |
11 | 2508 Alabama Ave | $1550 | 2 | 1 | 900 | 0.2 mi |
12 | 1936 Causton Bluff Rd | $1600 | 2 | 1 | 800 | 1.8 mi |
13 | 2030 E 50th St, Unit A | $1600 | 2 | 1 | 799 | 2.2 mi |
14 | 1526 E 37th St | $1250 | 2 | 1 | 810 | 2.1 mi |
15 | 2032 Beech St | $2200 | 2 | 1 | 823 | 1.9 mi |
16 | 1905 E 50th St | $1600 | 2 | 1 | 800 | 2.4 mi |
17 | 1905A E 50th St | $1700 | 2 | 1 | 800 | 2.4 mi |
18 | 2010 Vermont Ave | $1550 | 2 | 1 | 892 | 1 mi |
19 | 127 Hibiscus Ave | $1695 | 2 | 1 | 630 | 1.9 mi |
20 | 125 Hibiscus Ave | $1695 | 2 | 1 | 630 | 1.9 mi |
21 | 2213 Hawthorne St | $1565 | 2 | 1 | 858 | 1.6 mi |
22 | 1305 E 32nd St | $2400 | 2 | 1 | 832 | 2.4 mi |
23 | 1931 Utah St | $1500 | 2 | 1 | 878 | 1.7 mi |
24 | 2123 New York Ave | $995 | 2 | 1 | 0.7 mi | |
25 | 423 Screven Ave | $2550 | 2 | 1 | 928 | 1.4 mi |