REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -2.59% first-year return on $54,600 initial cash invested.
Cash On Cash
-2.59%
Cap Rate
6.3%
Rent
$1,965
Cashflow
-$118
Rent Confidence: High
Annual
$23,580
Median
$2,000
Avg
$1,991
Samples
25
Financing
Purchase Price $260k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $54,600
Downpayment 20% $52,000
Closing costs 1% $2,600
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,965
Total Expenses $2,083
Mortgage P&I 70% $1,384
Property Taxes 5% $98
Home Insurance 5% $91
PManagement 10% $196
CapEx 5% $98
Vacancy 6% $118
Maintenance 5% $98
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1644 Sturat Square Cir | $2000 | 3 | 2 | 1100 | 0.8 mi |
| 2 | 1644 Stuart Square Cir | $2300 | 3 | 2 | 1100 | 0.8 mi |
| 3 | 1601 Stuart Square Cir | $2000 | 3 | 2 | 1100 | 0.9 mi |
| 4 | 90 Freedom Way | $1800 | 3 | 2 | 1200 | 0.4 mi |
| 5 | 958 Ashley Dr | $1890 | 3 | 2 | 1184 | 0.6 mi |
| 6 | 624 Bonaventure Dr | $1950 | 3 | 2 | 1200 | 1.2 mi |
| 7 | 703 Beach Walk Pl | $1600 | 3 | 2.5 | 1100 | 1.3 mi |
| 8 | 1315 Melanie Ln | $2200 | 3 | 2 | 1242 | 1.1 mi |
| 9 | 1208 Rosehaven Dr | $2200 | 3 | 2 | 1200 | 1.7 mi |
| 10 | 402 Beach Walk Pl, Unit 402 | $1600 | 3 | 2 | 1250 | 1.3 mi |
| 11 | 34 Foxcroft Ln | $2100 | 3 | 2 | 1200 | 2.2 mi |
| 12 | 1406 Tranquility Ln | $2200 | 3 | 2 | 1300 | 1.1 mi |
| 13 | 2000 Greens Blvd, Apt 36B | $1750 | 3 | 2 | 1190 | 2.5 mi |
| 14 | 2000 Greens Blvd, Apt 22C | $1800 | 3 | 2 | 1190 | 2.6 mi |
| 15 | 1779 Low Country Pl, Unit 57 | $2000 | 3 | 2 | 1400 | 1 mi |
| 16 | 1749 Sea Pines Blvd | $2599 | 3 | 2 | 1400 | 1.4 mi |
| 17 | 1053 Pinwheel Loop | $1700 | 3 | 2.5 | 1309 | 0.8 mi |
| 18 | 1000 Pembroke Ct | $1950 | 3 | 2.5 | 1300 | 1.1 mi |
| 19 | 998 Pinnacle Ln, Unit Main | $2100 | 3 | 2.5 | 1319 | 1 mi |
| 20 | 1779 Low Country Pl, Apt D | $1900 | 3 | 2.5 | 1390 | 1 mi |
| 21 | 1782 Low Country Pl, Apt F | $2000 | 3 | 2.5 | 1400 | 1 mi |
| 22 | 21 Foxcroft Ln | $2100 | 3 | 2 | 2.2 mi | |
| 23 | 4 Foxcroft Ln | $2100 | 3 | 2 | 2.2 mi | |
| 24 | 1631 Low Country Blvd, Unit A | $1750 | 3 | 2.5 | 1450 | 0.8 mi |
| 25 | 1676 Citadel Ln | $2175 | 3 | 2 | 1470 | 2.4 mi |
Projections