- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -11.61% first-year return on $87,150 initial cash invested.
Cash On Cash
-11.61%
Cap Rate
4.3%
Rent
$2,440
Cashflow
-$843
Rent Confidence: High
Annual
$29,280
Median
$2,400
Avg
$2,442
Samples
25
Financing
Purchase Price $415k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $87,150
Downpayment $83,000
Closing costs $4,150
Rehab $0
Furnishing $0
Cashflow
Total Income $2,440
Total Expenses $3,283
Mortgage P&I $2,209
Property Taxes $295
Home Insurance $145
PManagement $244
CapEx $122
Vacancy $146
Maintenance $122
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 33 Howard St, Apt 1 | $2450 | 2 | 1 | 850 | 2.4 mi |
2 | 14B Carriage Ln | $1895 | 2 | 1 | 850 | 2.8 mi |
3 | 942 Washington Ave | $2800 | 2 | 1 | 750 | 0.9 mi |
4 | 65 Johansen St | $2350 | 2 | 1 | 720 | 0.5 mi |
5 | 523 Washington Ave, # 525-2 | $2495 | 2 | 1 | 991 | 0.8 mi |
6 | 609 Ocean Ave, Apt 30 | $1345 | 2 | 1 | 700 | 0.3 mi |
7 | 270 Eastern Promenade, Apt 3 | $2400 | 2 | 1 | 800 | 2.2 mi |
8 | 55 Pitt St, Apt 6 | $2400 | 2 | 1 | 900 | 2.7 mi |
9 | 1375 Forest Ave, # 2 | $1725 | 2 | 1 | 825 | 3 mi |
10 | 86 Walton St | $1785 | 2 | 1 | 950 | 2 mi |
11 | 188 Congress St, Apt 1 | $2400 | 2 | 1 | 800 | 2.7 mi |
12 | 197 Congress St, Apt 2 | $2800 | 2 | 1 | 800 | 2.7 mi |
13 | 245 Brighton Ave, Unit 3 | $2500 | 2 | 1 | 886 | 3.1 mi |
14 | 100 Federal St, Apt 3 | $3300 | 2 | 1 | 900 | 3 mi |
15 | 100 Federal St, Apt 1 | $3000 | 2 | 1 | 900 | 3 mi |
16 | 75 Chestnut St, Unit 301 | $3550 | 2 | 1 | 781 | 2.8 mi |
17 | 45 Galvin St, Apt 1 | $2600 | 2 | 1 | 1100 | 0.8 mi |
18 | 45 Galvin St, Apt 2 | $2600 | 2 | 1 | 1100 | 0.8 mi |
19 | 12 Obrion St, Apt 2A | $2200 | 2 | 1 | 768 | 2.9 mi |
20 | 23 Melbourne St, Apt 2 | $2900 | 2 | 1 | 1000 | 2.2 mi |
21 | 1375 Forest Ave, Apt B05 | $2224 | 2 | 1 | 950 | 2.9 mi |
22 | 1375 Forest Ave, # 4 | $2264 | 2 | 1 | 950 | 3 mi |
23 | 1375 Forest Ave, # 5 | $2224 | 2 | 1 | 950 | 3 mi |
24 | 63 Revere St, Apt 3 | $2035 | 2 | 1 | 1000 | 2.6 mi |
25 | 95 Congress St, Apt 2 | $2800 | 2 | 1 | 720 | 2.5 mi |