- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -9.05% first-year return on $65,100 initial cash invested.
Cash On Cash
-9.05%
Cap Rate
4.85%
Rent
$1,879
Cashflow
-$491
Rent Confidence: High
Annual
$22,548
Median
$1,925
Avg
$1,902
Samples
25
Financing
Purchase Price $310k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $65,100
Downpayment $62,000
Closing costs $3,100
Rehab $0
Furnishing $0
Cashflow
Total Income $1,879
Total Expenses $2,370
Mortgage P&I $1,650
Property Taxes $123
Home Insurance $108
PManagement $188
CapEx $94
Vacancy $113
Maintenance $94
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 90 Fairfax Ave | $2100 | 2 | 1 | 745 | 1.3 mi |
2 | 54 Downing St | $1950 | 2 | 1 | 800 | 1.5 mi |
3 | 72 Riverview Dr | $2100 | 2 | 1 | 798 | 1.5 mi |
4 | 85 Alabama Ave, Apt 3 | $1295 | 2 | 1 | 860 | 0.4 mi |
5 | 11 Boden Ln | $1990 | 2 | 1 | 728 | 2.1 mi |
6 | 135 Michigan Ave | $2000 | 2 | 1 | 892 | 0.3 mi |
7 | 2 Kentucky Dr | $1500 | 2 | 1 | 872 | 0.6 mi |
8 | 44 Clinton Ave | $1900 | 2 | 1 | 784 | 2.4 mi |
9 | 122 Johnston Blvd | $1650 | 2 | 1 | 745 | 3.3 mi |
10 | 124 State St | $1900 | 2 | 1 | 900 | 0.8 mi |
11 | 18 Green Hill Ave | $1850 | 2 | 1 | 720 | 3 mi |
12 | 66 Mildred Ave | $2000 | 2 | 1 | 850 | 1.9 mi |
13 | State St | $2250 | 2 | 1 | 1000 | 0.4 mi |
14 | 89 Vermont Ave, Apt 4 | $1750 | 2 | 1 | 900 | 1.7 mi |
15 | 597 Emma Rd | $1650 | 2 | 1 | 820 | 3.3 mi |
16 | 159 State St | $1145 | 2 | 1 | 0.7 mi | |
17 | 50 Crestmont Ave | $1925 | 2 | 1 | 0.8 mi | |
18 | 50 Vance Crescent Ext | $1950 | 2 | 1 | 950 | 1.6 mi |
19 | 69 Howard St | $2100 | 2 | 1 | 1 mi | |
20 | 102 Middlemont Ave | $2700 | 2 | 1 | 875 | 2.7 mi |
21 | 25 Parkman Pl | $2400 | 2 | 1 | 1000 | 1 mi |
22 | 9 City Cv Ln | $2100 | 2 | 1.5 | 800 | 2.6 mi |
23 | 150 Fairfax Ave | $1700 | 2 | 2 | 800 | 1.2 mi |
24 | 217 Fayetteville St | $1750 | 2 | 1 | 982 | 1.8 mi |
25 | 615 Biltmore Ave, Apt X4 | $1900 | 2 | 1 | 912 | 2.7 mi |