Property Analysis for 805 Carter St, Savannah, GA 31415

Long-Term Rental Analysis

805 Carter St, Savannah, GA 31415

$170,000 • 2 beds • 1 baths • 620 sqft

This property looks like a bad Long-Term investment with a projected -3.76% first-year return on $35,700 initial cash invested.

Cash On Cash

-3.76%

Cap Rate

6.03%

Rent

$1,221

Cashflow

-$112

Rent Confidence: High

Annual

$14,652

Median

$1,250

Avg

$1,222

Samples

Financing

Purchase Price $170k

Downpayment 20.0%

Interest Rate 7.0%

Mortgage Duration 30yr.

Cash To Invest

Total $35,700

Downpayment 20% $34,000

Closing costs 1% $1,700

Rehab 0% $0

Furnishing 0% $0

Cashflow

Total Income $1,221

Total Expenses $1,333

Mortgage P&I 74% $905

Property Taxes 4% $51

Home Insurance 5% $60

PManagement 10% $122

CapEx 5% $61

Vacancy 6% $73

Maintenance 5% $61

Other 0% $0

Google Maps with the subject property comparables is loading...

#	Comparable Property	Rent	Beds	Baths	SQFT	Distance
1	1301 Stiles Ave, Apt 6	$1250	2	1	576	0.3 mi
2	1301 Stiles Ave	$1150	2	1	576	0.5 mi
3	1301 Stiles Ave, Unit 1301-2	$1150	2	1	576	0.5 mi
4	1301 Stiles Ave, Apt 2	$1150	2	1	576	0.5 mi
5	1301 Stiles Ave2 2, Unit 1301	$1150	2	1	576	0.5 mi
6	1301 Stiles Ave, Units 1301 & 6	$1250	2	1	576	0.5 mi
7	721 W 42nd St, Unit A	$1100	2	1	610	2 mi
8	721 W 42nd St, # A	$1100	2	1	610	2 mi
9	721 W 42nd St	$1100	2	1	610	2 mi
10	1005 Hearn St	$1100	2	1	725	0.6 mi
11	1410 Golden St	$1395	2	1	696	1.3 mi
12	1017 Wexler St	$1250	2	1	729	0.7 mi
13	1029 W 38th St W, Unit 1029	$1350	2	1	696	1.5 mi
14	1029 W 38th St	$1350	2	1	696	1.5 mi
15	1206 Murphy St	$1350	2	1	768	0.4 mi
16	1120 Darwin St	$1500	2	1	780	0.6 mi
17	920 Carter St	$1050	2	1		0.3 mi
18	15 Dutton St	$1300	2	1		0.4 mi
19	1603 Richards St, Unit 2NDFLA	$1500	2	1	800	1.5 mi
20	1354 Augusta Ave, # 1	$950	2	1		1.1 mi
21	813 W 35th St	$795	2	1		1.6 mi
22	219 W 31st St, Unit B	$1250		1	600	2 mi
23	309-311 Huntingdon St	$1000	2	1		1.8 mi
24	702 Tattnall St	$1300	2	1		1.9 mi
25	1013 W Victory Dr	$1700	2	1		2 mi

Projections