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This property looks like a bad Long-Term investment with a projected -16.11% first-year return on $59,220 initial cash invested.
-16.11%
Cash On Cash
2.76%
Cap Rate
0.47
DSCR
$1,380
Rent
-$795
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,220
Downpayment
20%
$56,400
Closing costs
1%
$2,820
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,380
Total Expenses
$2,175
Mortgage P&I
100%
$1,375
Property Taxes
25%
$342
Home Insurance
7%
$99
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
227 Goodrich St, Erie, PA 16508 | $975 | 4 | 1 | 2000 | 3.7 mi |
535 E 27th St, Erie, PA 16504 | $900 | 4 | 1 | 1500 | 2.9 mi |
1803 Buffalo Rd, # 2, Erie, PA 16510 | $1,100 | 4 | 1 | 2.6 mi | |
3862 Station Rd, Erie, PA 16510 | $1,300 | 4 | 2 | 1634 | 2.1 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