REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -7.73% first-year return on $45,150 initial cash invested.
Cash On Cash
-7.73%
Cap Rate
4.85%
Rent
$1,370
Cashflow
-$291
Rent Confidence: High
Annual
$16,440
Median
$1,350
Avg
$1,388
Samples
25
Financing
Purchase Price $215k
Downpayment 20.0%
Interest Rate 6.5%
Mortgage Duration 30yr.
Cash To Invest
Total $45,150
Downpayment 20% $43,000
Closing costs 1% $2,150
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,370
Total Expenses $1,661
Mortgage P&I 80% $1,092
Property Taxes 10% $139
Home Insurance 5% $75
PManagement 10% $137
CapEx 5% $68
Vacancy 6% $82
Maintenance 5% $68
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 902 W Jackson St, Unit C | $1300 | 3 | 1 | 804 | 0.7 mi |
| 2 | 311 Beech Ave | $1350 | 3 | 1 | 828 | 0.3 mi |
| 3 | 313 Beech Ave | $1300 | 3 | 1 | 828 | 0.3 mi |
| 4 | 315 Beech Ave | $1350 | 3 | 1 | 828 | 0.3 mi |
| 5 | 317 Beech Ave | $1350 | 3 | 1 | 828 | 0.3 mi |
| 6 | 814 Polk St | $1900 | 3 | 1 | 912 | 0.2 mi |
| 7 | 705 Woods Ave | $800 | 3 | 1 | 949 | 1.2 mi |
| 8 | 1003 Dewitt Dr | $1600 | 3 | 1 | 1032 | 0.4 mi |
| 9 | 1111 W South St | $1400 | 3 | 1 | 1064 | 0.8 mi |
| 10 | 443 Mcfall Ave | $1400 | 3 | 1 | 1072 | 0.8 mi |
| 11 | 517 Albany Ave | $1700 | 3 | 1 | 1057 | 1 mi |
| 12 | 829 Polk St | $1800 | 3 | 1 | 1164 | 0.3 mi |
| 13 | 812 Colyer St | $1530 | 3 | 1 | 1120 | 0.8 mi |
| 14 | 625 Mcdevitt St | $1600 | 3 | 1 | 1155 | 0.8 mi |
| 15 | 711 Arlington St | $1995 | 3 | 1 | 1194 | 0.9 mi |
| 16 | 816 W Anderson St | $1800 | 3 | 2 | 967 | 0.9 mi |
| 17 | 815 Bentley St | $1650 | 2 | 1 | 775 | 0.3 mi |
| 18 | 813 Bentley St | $1650 | 2 | 1 | 775 | 0.4 mi |
| 19 | 1039 Polk St | $1290 | 2 | 1 | 810 | 0.4 mi |
| 20 | 1032 W Jefferson St, Apt 7 | $950 | 2 | 1 | 810 | 0.5 mi |
| 21 | 1032 W Jefferson St, Apt 6 | $950 | 2 | 1 | 810 | 0.5 mi |
| 22 | 1038 W Jefferson St, # 6 | $950 | 2 | 1 | 810 | 0.5 mi |
| 23 | 1038 W Jefferson St, # 10 | $950 | 2 | 1 | 810 | 0.5 mi |
| 24 | 1032 W Jefferson St, Apt 1 | $1150 | 2 | 1 | 810 | 0.5 mi |
| 25 | 1032 W Jefferson St, Apt 10 | $990 | 2 | 1 | 810 | 0.5 mi |
Projections