- Airbnb
- Long-Term
- Mid-Term
This property could be a profitable Long-Term investment with a projected 30.17% first-year return on $15,750 initial cash invested.
Cash On Cash
30.17%
Cap Rate
13.74%
Rent
$1,287
Cashflow
$396
Rent Confidence: High
Annual
$15,444
Median
$1,275
Avg
$1,288
Samples
25
Financing
Purchase Price $75,000
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $15,750
Downpayment $15,000
Closing costs $750
Rehab $0
Furnishing $0
Cashflow
Total Income $1,287
Total Expenses $891
Mortgage P&I $399
Property Taxes $132
Home Insurance $26
PManagement $129
CapEx $64
Vacancy $77
Maintenance $64
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 1131 Phelps St | $1100 | 3 | 1 | 1120 | 0.5 mi |
2 | 720 E 3rd St | $995 | 3 | 1 | 1076 | 0.6 mi |
3 | 1153 Walnut St, Apt 4 | $1495 | 3 | 1 | 1170 | 0.6 mi |
4 | 723 Parker St | $1350 | 3 | 1 | 1134 | 1.2 mi |
5 | 1401 Ionia St | $1275 | 3 | 1 | 1180 | 0.8 mi |
6 | 1226 Clark St | $1200 | 3 | 1 | 966 | 0.5 mi |
7 | 1003 Franklin St | $1099 | 3 | 1 | 962 | 0.6 mi |
8 | 229 E 3rd St | $1600 | 3 | 1 | 1300 | 0.9 mi |
9 | 1230 N Liberty St, Apt 1 | $1295 | 3 | 1 | 914 | 0.8 mi |
10 | 1907 Spearing St | $1300 | 3 | 1 | 1260 | 1.5 mi |
11 | 247 E 7th St | $1200 | 3 | 1.5 | 1050 | 1.3 mi |
12 | 1618 Clarkson St | $1400 | 3 | 1 | 1316 | 1.1 mi |
13 | 1546 Van Buren St | $1095 | 3 | 1 | 1328 | 1.2 mi |
14 | 1141 Jessie St | $1300 | 3 | 1 | 864 | 0.5 mi |
15 | 406 Phelps St | $1000 | 3 | 1 | 842 | 0.4 mi |
16 | 834 N Washington St | $1100 | 3 | 1 | 842 | 0.5 mi |
17 | 842 N Washington St | $1100 | 3 | 1 | 842 | 0.5 mi |
18 | 1356 Evergreen Ave | $1690 | 3 | 2 | 1125 | 0.8 mi |
19 | 344 Goodnor St | $1500 | 3 | 2 | 1150 | 0.5 mi |
20 | 1204 Roland St | $1525 | 3 | 2 | 1152 | 0.6 mi |
21 | 1204 Roland Dr | $1625 | 3 | 2 | 1152 | 0.6 mi |
22 | 1529 Spearing St | $1220 | 3 | 2 | 1077 | 1.1 mi |
23 | 647 Jessie St | $1168 | 3 | 2 | 1000 | 0.1 mi |
24 | 702 Phelps St | $1288 | 3 | 2 | 1000 | 0.2 mi |
25 | 706 Phelps St | $1268 | 3 | 2 | 1000 | 0.2 mi |