- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -19.13% first-year return on $110k initial cash invested.
Cash On Cash
-19.13%
Cap Rate
2.61%
Rent
$2,073
Cashflow
-$1,758
Rent Confidence: High
Annual
$24,876
Median
$2,035
Avg
$2,074
Samples
25
Financing
Purchase Price $525k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $110k
Downpayment $105k
Closing costs $5,250
Rehab $0
Furnishing $0
Cashflow
Total Income $2,073
Total Expenses $3,831
Mortgage P&I $2,794
Property Taxes $314
Home Insurance $184
PManagement $207
CapEx $104
Vacancy $124
Maintenance $104
Other $0
Google Maps with the subject property comparables is loading...
# | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
---|---|---|---|---|---|---|
1 | 1375 Forest Ave, # 2 | $1725 | 2 | 1 | 825 | 0.5 mi |
2 | 14B Carriage Ln | $1895 | 2 | 1 | 850 | 0.8 mi |
3 | 1500 Forest Ave | $1650 | 2 | 1 | 950 | 0.3 mi |
4 | 1500 Forest Ave, Apt 1A | $1650 | 2 | 1 | 950 | 0.4 mi |
5 | 1375 Forest Ave, # 4 | $2264 | 2 | 1 | 950 | 0.5 mi |
6 | 1375 Forest Ave, # 5 | $2224 | 2 | 1 | 950 | 0.5 mi |
7 | 1375 Forest Ave, Apt B05 | $2224 | 2 | 1 | 950 | 0.6 mi |
8 | 1350 Forest Ave, Apt 30 | $1890 | 2 | 1 | 990 | 0.5 mi |
9 | 50 Austin St, Apt 14 | $2400 | 2 | 1 | 867 | 2.8 mi |
10 | 942 Washington Ave | $2800 | 2 | 1 | 750 | 2.5 mi |
11 | 37 Villa Rd, # 37 | $2100 | 2 | 1 | 900 | 2.7 mi |
12 | 4 Range St, Unit LTGRIF1 | $2100 | 2 | 1 | 0.4 mi | |
13 | 112 Tucker Ave | $2950 | 2 | 1 | 1008 | 1.3 mi |
14 | 1350 Forest Ave | $1670 | 2 | 1 | 0.5 mi | |
15 | 86 Walton St | $1785 | 2 | 1 | 950 | 2.2 mi |
16 | 245 Brighton Ave, Unit 3 | $2500 | 2 | 1 | 886 | 3.3 mi |
17 | 33 Maggie Ln | $1785 | 2 | 1 | 0.8 mi | |
18 | 55 Pitt St, Apt 6 | $2400 | 2 | 1 | 900 | 3.7 mi |
19 | 65 Johansen St | $2000 | 2 | 1 | 720 | 3.4 mi |
20 | 1056 Forest Avenue-1056 Forest Ave, Apt 3 | $2700 | 2 | 1 | 1.5 mi | |
21 | 87 Hammond Rd, Unit 2 | $2050 | 2 | 1 | 900 | 4 mi |
22 | 609 Ocean Ave, Apt 30 | $1345 | 2 | 1 | 700 | 3.2 mi |
23 | 63 Revere St, Apt 3 | $2035 | 2 | 1 | 1000 | 2.8 mi |
24 | 100 Forest Park, # 2 | $1740 | 2 | 1 | 700 | 3.6 mi |
25 | 100 Forest Park, # F3 | $1960 | 2 | 1 | 700 | 3.6 mi |