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942 W 34th St, Erie, PA 16508

3 beds • 1 baths • 864 sqft

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This property looks like a bad Long-Term investment with a projected -7.44% first-year return on $33,537 initial cash invested.

-7.44%

Cash On Cash

5.21%

Cap Rate

0.82

DSCR

$1,180

Rent

-$208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,537

Downpayment

20%

$31,940

Closing costs

1%

$1,597

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,180

Total Expenses

$1,388

Mortgage P&I

71%

$843

Property Taxes

16%

$189

Home Insurance

4%

$49

HOA

0%

$0

Property Management

10%

$118

CapEx

5%

$59

Vacancy

6%

$71

Maintenance

5%

$59

Other

0%

$0

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Comparable Property

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$1,100

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$2,850

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0.6 mi

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