Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -9.82% first-year return on $52,920 initial cash invested.
-9.82%
Cash On Cash
4.31%
Cap Rate
0.72
DSCR
$1,570
Rent
-$433
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,920
Downpayment
20%
$50,400
Closing costs
1%
$2,520
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,570
Total Expenses
$2,003
Mortgage P&I
80%
$1,260
Property Taxes
16%
$245
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0
Loading map...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
1250 Carlton Ave NE, Grand Rapids, MI 49505 | $1,625 | 2 | 1 | 900 | 1.4 mi |
22 Colfax St NE, Grand Rapids, MI 49505 | $1,395 | 2 | 1 | 1050 | 0.9 mi |
1417 North Ave NE, Grand Rapids, MI 49505 | $1,500 | 2 | 1 | 1100 | 0.8 mi |
1851 Fuller Ave NE, Grand Rapids, MI 49505 | $1,400 | 2 | 1 | 800 | 0.8 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