REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -5.8% first-year return on $83,790 initial cash invested.
Cash On Cash
-5.8%
Cap Rate
5.62%
Rent
$2,991
Cashflow
-$405
Rent Confidence: High
Annual
$35,892
Median
$2,850
Avg
$2,997
Samples
25
Financing
Purchase Price $399k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $83,790
Downpayment 20% $79,800
Closing costs 1% $3,990
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,991
Total Expenses $3,396
Mortgage P&I 71% $2,124
Property Taxes 12% $354
Home Insurance 5% $140
PManagement 10% $299
CapEx 5% $150
Vacancy 6% $179
Maintenance 5% $150
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 1.4 mi |
| 2 | 21 Mayfield St, # 2 | $3000 | 3 | 2 | 1300 | 1.4 mi |
| 3 | 77 William St, # 1 | $3200 | 3 | 2 | 1200 | 3.6 mi |
| 4 | 185 Ray St | $2065 | 3 | 1 | 1100 | 0.7 mi |
| 5 | 1375 Forest Ave, # 2 | $2166 | 3 | 1 | 1100 | 1.1 mi |
| 6 | 100 Bolton St | $2800 | 3 | 1.5 | 1200 | 4 mi |
| 7 | 56 Chenery St | $3670 | 3 | 2 | 1494 | 2.6 mi |
| 8 | 18 Jackson St | $2950 | 3 | 1.5 | 1400 | 2 mi |
| 9 | 700 Ocean Ave, Unit 2 | $2500 | 3 | 1 | 1000 | 1.8 mi |
| 10 | 220 Veranda St | $3750 | 3 | 2 | 1697 | 3 mi |
| 11 | 35 Dibiase St | $2500 | 2 | 2 | 1190 | 1.6 mi |
| 12 | 35 Dibiase St, Unit 35DIBIASE | $2500 | 2 | 2 | 1190 | 1.6 mi |
| 13 | 75 Roberts St | $2530 | 3 | 2 | 4.1 mi | |
| 14 | 52 Roberts St | $2900 | 3 | 1 | 1255 | 4.3 mi |
| 15 | 181 Carlson St | $3595 | 3 | 2 | 1650 | 3.9 mi |
| 16 | 157 Wolcott St | $2800 | 3 | 1 | 1092 | 3.9 mi |
| 17 | 143 Lane Ave | $2850 | 3 | 1 | 960 | 2.3 mi |
| 18 | 1056 Forest Avenue-1056 Forest Ave, Apt 1 | $2750 | 3 | 1 | 1.5 mi | |
| 19 | 237 Allen Ave, Apt 5 | $2350 | 2 | 1.5 | 1150 | 0.3 mi |
| 20 | 219 Halidon St | $3500 | 3 | 1 | 1100 | 4.4 mi |
| 21 | 101 North St, Apt 4 | $3950 | 3 | 2 | 1680 | 4.2 mi |
| 22 | 42 Savoy St | $3600 | 3 | 2 | 2016 | 2.4 mi |
| 23 | 105 Dartmouth-furnished St, Unit 1 | $3700 | 3 | 1 | 1400 | 3.5 mi |
| 24 | 529 Washington Ave, Apt 3 | $2495 | 3 | 1 | 964 | 2.9 mi |
| 25 | 14 Just A Mere Rd | $4000 | 3 | 1 | 1400 | 3.6 mi |
Projections