- Airbnb
- Long-Term
- Mid-Term
This property could be a profitable Long-Term investment with a projected 18.88% first-year return on $14,490 initial cash invested.
Cash On Cash
18.88%
Cap Rate
10.99%
Rent
$1,085
Cashflow
$228
Rent Confidence: High
Annual
$13,020
Median
$1,000
Avg
$1,085
Samples
25
Financing
Purchase Price $69,000
Downpayment 20.0%
Interest Rate 6.5%
Mortgage Duration 30yr.
Cash To Invest
Total $14,490
Downpayment $13,800
Closing costs $690
Rehab $0
Furnishing $0
Cashflow
Total Income $1,085
Total Expenses $857
Mortgage P&I $350
Property Taxes $202
Home Insurance $24
PManagement 10% $108
CapEx 5% $54
Vacancy 6% $65
Maintenance 5% $54
Other 0% $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 5820-5828 Erskine St, # 5828-4 | $895 | 2 | 1 | 860 | 0.3 mi |
2 | 5820-5828 Erskine St, # 5824-5 | $825 | 2 | 1 | 860 | 0.3 mi |
3 | 5820-5828 Erskine St, # 5828-9 | $995 | 2 | 1 | 860 | 0.3 mi |
4 | 5820-5828 Erskine St, # 5824-4 | $995 | 2 | 1 | 860 | 0.3 mi |
5 | 2301 N 70th Ave | $1050 | 2 | 1 | 848 | 1.2 mi |
6 | 5820-5828 Erskine St, # 5824-7 | $995 | 2 | 1 | 900 | 0.3 mi |
7 | 5820-5828 Erskine St, # 5824-3 | $995 | 2 | 1 | 900 | 0.3 mi |
8 | 3510 N 56th St | $1200 | 2 | 1 | 840 | 1.4 mi |
9 | 6795 Seward St | $1300 | 2 | 1 | 825 | 1.2 mi |
10 | 5609 Seward St, Apt A | $1150 | 2 | 1 | 800 | 0.8 mi |
11 | 6514 Miami St | $1550 | 2 | 1 | 900 | 0.6 mi |
12 | 3451 N 60th St | $1300 | 2 | 1 | 800 | 1.2 mi |
13 | 6945 Binney St | $1195 | 2 | 1 | 866 | 1.4 mi |
14 | 2527 N 65th St | $1300 | 2 | 1 | 924 | 0.5 mi |
15 | 2616 N 69th St | $1000 | 2 | 1 | 791 | 1.1 mi |
16 | 6644 Decatur St | $1500 | 2 | 1 | 768 | 0.9 mi |
17 | 6305 Spaulding St | $1125 | 2 | 1 | 800 | 1.6 mi |
18 | 6611 Seward St | $1195 | 2 | 1 | 768 | 1 mi |
19 | 4407 N 62nd St, Apt 34 | $850 | 2 | 1 | 850 | 2.1 mi |
20 | 4403 N 62nd St, Apt 46 | $850 | 2 | 1 | 850 | 2.1 mi |
21 | 4407 N 62nd St, Apt 37 | $850 | 2 | 1 | 850 | 2.1 mi |
22 | 4438 N 61st St, Apt A | $800 | 2 | 1 | 850 | 2.1 mi |
23 | 4438 N 61st St, Apt 2 | $850 | 2 | 1 | 850 | 2.1 mi |
24 | 4708 Blondo St | $1500 | 2 | 1 | 808 | 1.9 mi |
25 | 3911 N 52nd St, Apt 1 | $865 | 2 | 1 | 800 | 1.9 mi |