REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -0.29% first-year return on $33,600 initial cash invested.
Cash On Cash
-0.29%
Cap Rate
6.39%
Rent
$1,250
Cashflow
-$8
Rent Confidence: High
Annual
$15,000
Median
$1,275
Avg
$1,250
Samples
25
Financing
Purchase Price $160k
Downpayment 20.0%
Interest Rate 6.4%
Mortgage Duration 30yr.
Cash To Invest
Total $33,600
Downpayment $32,000
Closing costs $1,600
Rehab $0
Furnishing $0
Cashflow
Total Income $1,250
Total Expenses $1,258
Mortgage P&I $798
Property Taxes $80
Home Insurance $56
PManagement 10% $125
CapEx 5% $62
Vacancy 6% $75
Maintenance 5% $62
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 914 Dunbar St | $1395 | 3 | 1 | 912 | 0.5 mi |
| 2 | 112 S Raleigh St | $895 | 3 | 1 | 960 | 1.4 mi |
| 3 | 1615 Eastwood Ave | $1345 | 3 | 1 | 948 | 1.3 mi |
| 4 | 1822 Larkin St | $1395 | 3 | 1 | 1000 | 2.2 mi |
| 5 | 3705 Phillips Park Dr | $1175 | 3 | 1 | 1000 | 2.2 mi |
| 6 | 1308 Ivy Hts | $1290 | 3 | 1.5 | 1118 | 0.6 mi |
| 7 | 3720 Central Ave | $1100 | 3 | 1 | 918 | 2 mi |
| 8 | 2217 E Gate City Blvd | $1295 | 3 | 1 | 0.2 mi | |
| 9 | 2219 E Gate City Blvd | $1225 | 3 | 1 | 0.2 mi | |
| 10 | 3932 Eastland Ave | $1275 | 3 | 1 | 1161 | 2.3 mi |
| 11 | 3912 Honan Dr | $1275 | 3 | 1 | 864 | 1.8 mi |
| 12 | 1311 Cyril Ln | $1250 | 3 | 2 | 1044 | 0.8 mi |
| 13 | 938 Martin St | $1100 | 3 | 1.5 | 990 | 2.2 mi |
| 14 | 300 Gant St | $1545 | 3 | 2 | 1049 | 1 mi |
| 15 | 2119 Joe Louis Ave | $1195 | 3 | 1 | 0.8 mi | |
| 16 | 904 Benjamin Bensen St | $1425 | 3 | 2 | 1032 | 1.7 mi |
| 17 | 5 Ross Ct | $1350 | 3 | 1 | 1.1 mi | |
| 18 | 1602 Quincy St | $1275 | 3 | 1 | 1.1 mi | |
| 19 | 1607 Willow Rd | $1225 | 3 | 1 | 1.2 mi | |
| 20 | 3617 Holts Chapel Rd | $1285 | 3 | 1 | 1.5 mi | |
| 21 | 3625 Holts Chapel Rd | $1495 | 3 | 1 | 1.5 mi | |
| 22 | 1726 Willow Rd | $1000 | 3 | 1 | 1.6 mi | |
| 23 | 704 Dewitt St, # 27 | $995 | 3 | 1 | 747 | 1.2 mi |
| 24 | 704 Dewitt St | $995 | 3 | 1 | 747 | 1.2 mi |
| 25 | 804 Cole St | $1450 | 3 | 2 | 1100 | 1.4 mi |