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- Mid-Term
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This property looks like a bad Long-Term investment with a projected -11.02% first-year return on $73,290 initial cash invested.
Cash On Cash
-11.02%
Cap Rate
4.41%
Rent
$1,935
Cashflow
-$673
Rent Confidence: High
Annual
$23,220
Median
$1,940
Avg
$1,960
Samples
25
Financing
Purchase Price $349k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $73,290
Downpayment 20% $69,800
Closing costs 1% $3,490
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,935
Total Expenses $2,608
Mortgage P&I 96% $1,858
Property Taxes 6% $124
Home Insurance 6% $122
PManagement 10% $194
CapEx 5% $97
Vacancy 6% $116
Maintenance 5% $97
Other 0% $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 1849 Old Haywood Rd | $1750 | 2 | 2 | 819 | 1.5 mi |
2 | 34 Selwyn Rd, Apt B | $1750 | 2 | 1.5 | 1000 | 0.1 mi |
3 | 8 Bear Creek Dr | $2095 | 2 | 2 | 950 | 2.8 mi |
4 | 27 Plemmons St | $2100 | 2 | 1 | 850 | 0.7 mi |
5 | 130 Warren Haynes Dr | $2100 | 2 | 1 | 884 | 1.3 mi |
6 | 4406 Marble Way | $1895 | 2 | 2 | 1127 | 1.1 mi |
7 | 33 Enka Orchard St | $2000 | 2 | 2 | 1060 | 2.3 mi |
8 | 648 Sand Hill Rd | $1750 | 2 | 2 | 1123 | 1.5 mi |
9 | 402 Sand Hill Rd | $3250 | 2 | 2 | 1048 | 2.5 mi |
10 | 4103 Marble Way | $1650 | 2 | 2 | 1.1 mi | |
11 | 4104 Marble Way | $1600 | 2 | 2 | 1176 | 1.1 mi |
12 | 3903 Florham Pl | $1750 | 2 | 2 | 1176 | 1.1 mi |
13 | 55 Middlemont Ave | $2085 | 2 | 1.5 | 832 | 2.8 mi |
14 | 77 Trotter Pl | $1700 | 2 | 2 | 1040 | 2.8 mi |
15 | 11 Friendly Holw, Unit Friendly | $1990 | 2 | 1.5 | 950 | 2.7 mi |
16 | 24 Triple H Dr, # B | $1600 | 2 | 1 | 748 | 0.3 mi |
17 | 102 Middlemont Ave | $2700 | 2 | 1 | 875 | 2.7 mi |
18 | 37 Shadowlawn Drivetop Level | $1400 | 2 | 1 | 910 | 2.3 mi |
19 | 12 Hehil Dr | $2250 | 2 | 1 | 900 | 2.6 mi |
20 | 38 Huffman Rd | $1950 | 2 | 1 | 890 | 2.8 mi |
21 | 391 Deaverview Rd | $1795 | 2 | 1 | 890 | 3 mi |
22 | 115 Featherdown Way, # 208-002 | $1940 | 2 | 2 | 1206 | 2.2 mi |
23 | 115 Featherdown Way, # 233-302 | $2010 | 2 | 2 | 1206 | 2.2 mi |
24 | 115 Featherdown Way, # 208-105 | $1940 | 2 | 2 | 1206 | 2.2 mi |
25 | 115 Featherdown Way, # 208-103 | $1940 | 2 | 2 | 1206 | 2.2 mi |
Projections