REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -19.42% first-year return on $168k initial cash invested.
Cash On Cash
-19.42%
Cap Rate
2.56%
Rent
$3,392
Cashflow
-$2,719
Rent Confidence: High
Annual
$40,704
Median
$3,200
Avg
$3,143
Samples
25
Financing
Purchase Price $800k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $168k
Downpayment $160k
Closing costs $7,999
Rehab $0
Furnishing $0
Cashflow
Total Income $3,392
Total Expenses $6,111
Mortgage P&I $4,257
Property Taxes $691
Home Insurance $280
PManagement $339
CapEx $170
Vacancy $204
Maintenance $170
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 183 Prospect Street Prospect St, Unit 183 | $4000 | 4 | 2 | 2200 | 2.8 mi |
| 2 | 56 Saint Jude St | $3800 | 4 | 2 | 1463 | 1.2 mi |
| 3 | 27 Belknap St | $3325 | 4 | 1.5 | 1732 | 2.7 mi |
| 4 | 609 Ocean Ave, Apt 3 | $1095 | 1 | 0.9 mi | ||
| 5 | 81 Granite St | $3495 | 4 | 1 | 1900 | 3.4 mi |
| 6 | 81 Granite St, Apt 1 | $3295 | 4 | 1 | 1900 | 3.4 mi |
| 7 | 107 Oakdale St | $3300 | 3 | 2 | 2300 | 2.6 mi |
| 8 | 132 Marginal Way, Apt 456 | $3173 | 4 | 2 | 1168 | 3.1 mi |
| 9 | 42 Savoy St | $3600 | 3 | 2 | 2016 | 1.3 mi |
| 10 | 75 Roberts St | $2530 | 3 | 2 | 3.3 mi | |
| 11 | 305 Deering Ave, # 1 | $2800 | 3 | 2 | 2100 | 2.9 mi |
| 12 | 1056 Forest Avenue-1056 Forest Ave, Apt 1 | $2750 | 3 | 1 | 1.3 mi | |
| 13 | 9 Just-mere Rd | $5000 | 3 | 2.5 | 2.9 mi | |
| 14 | 32 Concord St | $3050 | 3 | 2 | 1776 | 2 mi |
| 15 | 220 Veranda St | $4950 | 3 | 2 | 1697 | 2.1 mi |
| 16 | 22 Hawthorne St, Unit 1 | $3200 | 3 | 1 | 1.9 mi | |
| 17 | 56 Chenery St | $3670 | 3 | 2 | 1494 | 1.8 mi |
| 18 | 10 White Birch Ln, Apt 10 | $3800 | 3 | 2 | 1400 | 1.2 mi |
| 19 | 101 North St, Apt 4 | $3950 | 3 | 2 | 1680 | 3.1 mi |
| 20 | 22 Bailey Ave | $1750 | 3 | 1 | 3 mi | |
| 21 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 1.5 mi |
| 22 | 21 Mayfield St, # 2 | $3000 | 3 | 2 | 1300 | 1.5 mi |
| 23 | 53 Myrtle St | $3000 | 3 | 1 | 3.5 mi | |
| 24 | 588 Ocean Ave | $1200 | 3 | 1 | 1600 | 0.8 mi |
| 25 | 59 Back Cove Est | $2050 | 2 | 2 | 1 mi |