REI Lense- Airbnb
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This property could be a profitable Long-Term investment with a projected 59.03% first-year return on $24,150 initial cash invested.
Cash On Cash
59.03%
Cap Rate
20.11%
Rent
$2,537
Cashflow
$1,188
Rent Confidence: High
Annual
$30,444
Median
$2,350
Avg
$2,536
Samples
25
Financing
Purchase Price $115k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $24,150
Downpayment 20% $23,000
Closing costs 1% $1,150
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,537
Total Expenses $1,349
Mortgage P&I 24% $612
Property Taxes 1% $37
Home Insurance 2% $40
PManagement 10% $254
CapEx 5% $127
Vacancy 6% $152
Maintenance 5% $127
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 4105 Raybun St | $2400 | 4 | 2 | 1454 | 1.4 mi |
| 2 | 502 W 60th St | $2200 | 4 | 1.5 | 1428 | 1 mi |
| 3 | 916 W 42nd St | $1725 | 4 | 2 | 1239 | 0.9 mi |
| 4 | 719 W Victory Dr | $2500 | 4 | 2.5 | 1736 | 0.8 mi |
| 5 | 2233 Whitaker Way | $3600 | 4 | 2 | 2000 | 1.6 mi |
| 6 | 2314 Barnard St | $2400 | 4 | 2 | 1.5 mi | |
| 7 | 3 W 36th St | $3400 | 4 | 2 | 1.8 mi | |
| 8 | 4611 Cumberland Dr | $3500 | 4 | 2 | 2300 | 1.4 mi |
| 9 | 101 E 40th St | $4000 | 4 | 2.5 | 2100 | 1.7 mi |
| 10 | 507 W 45th St | $2350 | 3 | 2 | 1608 | 0.8 mi |
| 11 | 1625 Lloyd St | $1995 | 3 | 2 | 1600 | 1.2 mi |
| 12 | 630 W 38th St | $2050 | 3 | 2 | 1600 | 1.3 mi |
| 13 | 2233 Whitaker St | $3000 | 4 | 3 | 2000 | 1.6 mi |
| 14 | 3 E 44th St | $2900 | 3 | 2 | 1605 | 1.4 mi |
| 15 | 3605 Bull St, Apt 1 | $1700 | 3 | 2 | 1408 | 1.2 mi |
| 16 | 3605 Bull St, Apt 4 | $1700 | 3 | 2 | 1408 | 1.2 mi |
| 17 | 2235 Whitaker St | $2500 | 3 | 2 | 1600 | 1.6 mi |
| 18 | 2235 Whitaker Way | $3300 | 3 | 2 | 1600 | 1.6 mi |
| 19 | 48 Thackery Pl, Apt 4 | $1595 | 3 | 2 | 1400 | 1.2 mi |
| 20 | 7 W 53rd St | $2250 | 3 | 2 | 1386 | 1.2 mi |
| 21 | 28 E 62nd St | $2200 | 3 | 2 | 1442 | 1.7 mi |
| 22 | 1506 Arcadian St | $1750 | 3 | 2 | 1624 | 1.5 mi |
| 23 | 618 W 32nd St | $2200 | 3 | 2 | 1440 | 1.9 mi |
| 24 | 625 W 38th St | $1695 | 3 | 2 | 1368 | 1.3 mi |
| 25 | 2506 Jefferson St | $4500 | 3 | 2 | 1349 | 1.3 mi |
Projections