- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -3.97% first-year return on $66,150 initial cash invested.
Cash On Cash
-3.97%
Cap Rate
5.76%
Rent
$2,150
Cashflow
-$219
Rent Confidence: High
Annual
$25,800
Median
$2,195
Avg
$2,150
Samples
25
Financing
Purchase Price $315k
Downpayment 20.0%
Interest Rate 6.7%
Mortgage Duration 30yr.
Cash To Invest
Total $66,150
Downpayment 20% $63,000
Closing costs 1% $3,150
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,150
Total Expenses $2,369
Mortgage P&I 75% $1,622
Property Taxes 4% $77
Home Insurance 5% $110
PManagement 10% $215
CapEx 5% $108
Vacancy 6% $129
Maintenance 5% $108
Other 0% $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 300 East St, # 714 | $2195 | 3 | 2 | 1550 | 1.6 mi |
2 | 300 East St, # 619 | $2150 | 3 | 2 | 1555 | 1.6 mi |
3 | 300 East St, # 509 | $2233 | 3 | 2 | 1555 | 1.6 mi |
4 | 300 East St, # 501 | $2195 | 3 | 2 | 1555 | 1.6 mi |
5 | 300 East St, # 608 | $2350 | 3 | 2 | 1555 | 1.6 mi |
6 | 300 East St, # 705 | $2195 | 3 | 2 | 1555 | 1.6 mi |
7 | 300 East St, # 505 | $2225 | 3 | 2 | 1555 | 1.6 mi |
8 | 77 Beechwood Ave Apt B | $1700 | 3 | 2 | 1550 | 1.6 mi |
9 | 300 East St, # 701 | $2295 | 3 | 2 | 1555 | 1.6 mi |
10 | 27 Front St | $1700 | 3 | 2 | 1480 | 2 mi |
11 | 312 Kesselring Ave | $1800 | 3 | 2 | 1416 | 1.6 mi |
12 | 33 Nile Rd | $2250 | 3 | 2 | 1610 | 2 mi |
13 | 519 Ruth Way | $2800 | 3 | 2 | 1569 | 2.6 mi |
14 | 23 Lordship Ln | $2100 | 3 | 2.5 | 1582 | 1 mi |
15 | 202 Royal Grant Way | $2200 | 3 | 2 | 1344 | 1.3 mi |
16 | 101 N Layton Ave | $2200 | 3 | 2 | 1428 | 2.2 mi |
17 | 296 Kesselring Ave | $2000 | 3 | 1.5 | 1550 | 1.6 mi |
18 | 517 Nickerjack Way | $2900 | 3 | 2 | 1604 | 2.7 mi |
19 | 161 Cooper Rd | $1650 | 3 | 2 | 1242 | 1 mi |
20 | 1536 S Governors Ave Unit A | $1400 | 3 | 1 | 1500 | 0.8 mi |
21 | 38 S Main St | $1800 | 3 | 1.5 | 1421 | 1.6 mi |
22 | 87 Filbert Dr | $2000 | 3 | 2.5 | 1530 | 3 mi |
23 | 525 Ruth Way | $2800 | 3 | 2.5 | 1576 | 2.6 mi |
24 | 83 Filbert Dr | $1800 | 3 | 2.5 | 1530 | 3 mi |
25 | 529 Ruth Way | $2800 | 3 | 2.5 | 1576 | 2.6 mi |
Projections