- Airbnb
- Long-Term
- Mid-Term
This property could be a profitable Long-Term investment with a projected 11.38% first-year return on $23,100 initial cash invested.
Cash On Cash
11.38%
Cap Rate
9.47%
Rent
$1,290
Cashflow
$219
Rent Confidence: High
Annual
$15,480
Median
$1,350
Avg
$1,319
Samples
25
Financing
Purchase Price $110k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $23,100
Downpayment $22,000
Closing costs $1,100
Rehab $0
Furnishing $0
Cashflow
Total Income $1,290
Total Expenses $1,071
Mortgage P&I $585
Property Taxes $114
Home Insurance $38
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 | 1018 Reverend B J Lewis Dr | $1400 | 2 | 1 | 768 | 1.6 mi |
2 | 979 Elkhart St | $1500 | 2 | 1 | 800 | 1.5 mi |
3 | 7312 Price St | $1200 | 2 | 1 | 720 | 1.6 mi |
4 | 786 Fair St | $1350 | 2 | 1 | 884 | 1 mi |
5 | 6922A De Priest St | $1375 | 2 | 2 | 735 | 0.1 mi |
6 | 978 Ringold St, Unit A | $1400 | 2 | 1 | 950 | 1.1 mi |
7 | 978 Ringold St, Unit B | $1400 | 2 | 1 | 951 | 1.1 mi |
8 | 1211 Homer St, Unit House | $1250 | 2 | 2 | 750 | 1.5 mi |
9 | 1211 Homer St, Unit 1/2 | $1150 | 2 | 1 | 1.5 mi | |
10 | 892 Mansfield St | $1500 | 2 | 1 | 1134 | 1.4 mi |
11 | 8007 Lawn St, Unit A | $895 | 1 | 1 | 763 | 1.2 mi |
12 | 783 Ringold St | $875 | 2 | 1 | 1306 | 1.3 mi |
13 | 6022 Yale St | $1500 | 2 | 1 | 1256 | 1.9 mi |
14 | 784 W Rittenhouse Rd | $1500 | 0.1 mi | |||
15 | 301 W Little York Rd | $820 | 1 | 1.4 mi | ||
16 | 6504 Morrow St | $2200 | 0.7 mi | |||
17 | 8626 Williamsdell St, Unit A | $1295 | 2 | 1.5 | 1360 | 1.6 mi |
18 | S Victory Dr | $1000 | 1.6 mi | |||
19 | 995 Junell St | $1300 | 2 | 1 | 1800 | 1.3 mi |
20 | 5919 Tuskegee St | $1850 | 3 | 2 | 768 | 1.5 mi |
21 | 6706 Apollo St | $600 | 1 | 1 | 1 mi | |
22 | 310 W Obion Rd | $1500 | 3 | 1 | 1000 | 1.6 mi |
23 | 989 Ringold St | $1595 | 3 | 1 | 1150 | 1.1 mi |
24 | 7528 E Maxroy St, Unit A | $1295 | 3 | 2 | 872 | 1.6 mi |
25 | 8318 Prairie View Dr, Unit A | $1230 | 3 | 2 | 872 | 1.8 mi |