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This property looks like a bad Long-Term investment with a projected -4.57% first-year return on $41,769 initial cash invested.
-4.57%
Cash On Cash
5.89%
Cap Rate
0.93
DSCR
$1,660
Rent
-$159
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,769
Downpayment
20%
$39,780
Closing costs
1%
$1,989
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,660
Total Expenses
$1,819
Mortgage P&I
63%
$1,052
Property Taxes
16%
$265
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
4028 Marcia Ln, Erie, PA 16506 | $1,500 | 3 | 2.5 | 2120 | 2.4 mi |
2817 W 34th St, Erie, PA 16506 | $1,300 | 3 | 2 | 1392 | 2.8 mi |
1028 W 29th St, Erie, PA 16508 | $1,500 | 3 | 2 | 1616 | 4.1 mi |
5661 Gardner Dr, Erie, PA 16509 | $1,050 | 3 | 2 | 1448 | 3.3 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality