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This property looks like a bad Long-Term investment with a projected -18.17% first-year return on $51,639 initial cash invested.
-18.17%
Cash On Cash
2.84%
Cap Rate
0.45
DSCR
$1,320
Rent
-$782
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,639
Downpayment
20%
$49,180
Closing costs
1%
$2,459
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,320
Total Expenses
$2,102
Mortgage P&I
98%
$1,298
Property Taxes
28%
$375
Home Insurance
7%
$86
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
5661 Gardner Dr, Erie, PA 16509 | $1,050 | 3 | 2 | 1448 | 1.5 mi |
4426 Greengarden Rd, Erie, PA 16509 | $1,400 | 3 | 2 | 1344 | 1.7 mi |
4426 Greengarden Blvd, Erie, PA 16509 | $1,400 | 3 | 2 | 1344 | 1.7 mi |
1028 W 29th St, Erie, PA 16508 | $1,500 | 3 | 2 | 1616 | 1.2 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality