REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -6.15% first-year return on $58,779 initial cash invested.
Cash On Cash
-6.15%
Cap Rate
5.5%
Rent
$1,873
Cashflow
-$301
Rent Confidence: High
Annual
$22,476
Median
$1,900
Avg
$1,872
Samples
25
Financing
Purchase Price $280k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $58,779
Downpayment $55,980
Closing costs $2,799
Rehab $0
Furnishing $0
Cashflow
Total Income $1,873
Total Expenses $2,174
Mortgage P&I $1,490
Property Taxes $72
Home Insurance $98
HOA $27
PManagement $187
CapEx $94
Vacancy $112
Maintenance $94
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 8100 Forest Edge Dr | $2100 | 3 | 2 | 1520 | 0.9 mi |
| 2 | 3613 Farmington Pl | $1800 | 3 | 2 | 1500 | 1.4 mi |
| 3 | 1226 Ambling Way Dr | $1975 | 3 | 2 | 1500 | 1.4 mi |
| 4 | 3691 Farmington Pl | $1800 | 3 | 2 | 1554 | 1.3 mi |
| 5 | 796 Brookline Dr | $1850 | 3 | 2 | 1600 | 1.1 mi |
| 6 | 233 Clovis Cir | $1995 | 3 | 2 | 1573 | 1.4 mi |
| 7 | 206 Surrey Ln | $1995 | 3 | 2 | 1548 | 1.8 mi |
| 8 | 2646 Corn Pile Rd | $1713 | 3 | 2 | 1500 | 2.3 mi |
| 9 | 108 Marsh Rabbit Dr | $1950 | 3 | 2 | 1404 | 2 mi |
| 10 | 1522 Lanterns Rest Rd, Unit 201 | $1675 | 3 | 2 | 1510 | 2.2 mi |
| 11 | 1208 Mackie Cir | $1695 | 3 | 2 | 1312 | 1 mi |
| 12 | 800 Dunoway Ct | $2000 | 3 | 2 | 1300 | 1.2 mi |
| 13 | 521 Ambrosia Loop | $2000 | 3 | 2 | 1638 | 1.4 mi |
| 14 | 2912 Skylar Dr | $2200 | 3 | 2 | 1475 | 3 mi |
| 15 | 4001 Manor Wood Dr | $2200 | 3 | 2 | 1400 | 2.4 mi |
| 16 | 501 Ambrosia Loop | $1925 | 3 | 2 | 1650 | 1.4 mi |
| 17 | 359 Vesta Dr | $1995 | 3 | 2 | 1650 | 1.6 mi |
| 18 | 106 Fountain Pointe Ln, Unit 102 | $1595 | 3 | 2 | 1328 | 1.9 mi |
| 19 | 600 Montenegro Way, Unit A | $1800 | 3 | 2.5 | 1442 | 1.6 mi |
| 20 | 106 Fountain Pointe Ln | $1595 | 3 | 2 | 1328 | 1.9 mi |
| 21 | 2632 Lucky Ln | $1600 | 3 | 2 | 1350 | 2.2 mi |
| 22 | 111 Fountain Pointe Ln, Unit 201 | $1650 | 3 | 2 | 1328 | 2 mi |
| 23 | 111 Fountain Pointe Ln | $1800 | 3 | 2 | 1328 | 2 mi |
| 24 | 237 Christiana Ln, Unit A | $1900 | 3 | 2.5 | 1442 | 1.6 mi |
| 25 | 242 Christiana Ln, Unit D | $1995 | 3 | 2.5 | 1442 | 1.7 mi |