REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -11.24% first-year return on $93,240 initial cash invested.
Cash On Cash
-11.24%
Cap Rate
4.39%
Rent
$2,706
Cashflow
-$873
Rent Confidence: High
Annual
$32,472
Median
$2,800
Avg
$2,705
Samples
25
Financing
Purchase Price $444k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $93,240
Downpayment $88,800
Closing costs $4,440
Rehab $0
Furnishing $0
Cashflow
Total Income $2,706
Total Expenses $3,579
Mortgage P&I $2,363
Property Taxes $358
Home Insurance $155
PManagement $271
CapEx $135
Vacancy $162
Maintenance $135
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1056 Forest Ave, Apt 3 | $2800 | 3 | 1 | 1200 | 1.6 mi |
| 2 | 143 Lane Ave | $2850 | 3 | 1 | 960 | 0.6 mi |
| 3 | 360 Main St, Apt 2 | $2500 | 3 | 1 | 1200 | 3.4 mi |
| 4 | 10 Freeman St, Unit 1 | $2695 | 3 | 1 | 1200 | 3.7 mi |
| 5 | 157 Wolcott St | $2800 | 3 | 1 | 1092 | 3.2 mi |
| 6 | 22 Bailey Ave | $1750 | 3 | 1 | 0.8 mi | |
| 7 | 52 Roberts St | $2900 | 3 | 1 | 1255 | 4.3 mi |
| 8 | 1056 Forest Avenue-1056 Forest Ave, Apt 1 | $2750 | 3 | 1 | 1.6 mi | |
| 9 | 700 Ocean Ave, Unit 2 | $2500 | 3 | 1 | 1000 | 3.3 mi |
| 10 | 100 Bolton St | $2800 | 3 | 1.5 | 1200 | 3.9 mi |
| 11 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 1.1 mi |
| 12 | 21 Mayfield St, # 2 | $3000 | 3 | 2 | 1300 | 1.1 mi |
| 13 | 18 Seavey St, Unit 16-2 | $2410 | 3 | 1 | 1400 | 3.6 mi |
| 14 | 105 Dartmouth-furnished St, Unit 1 | $3700 | 3 | 1 | 1400 | 3.7 mi |
| 15 | 18 Jackson St | $3229 | 3 | 1.5 | 1400 | 2.8 mi |
| 16 | 29 Frederic St, Unit A | $2750 | 3 | 1 | 1000 | 4.8 mi |
| 17 | 105 Dartmouth St, Fl 2 | $2850 | 3 | 1 | 1500 | 3.7 mi |
| 18 | 10 White Birch Ln, Apt 10 | $3800 | 3 | 2 | 1400 | 1.5 mi |
| 19 | 523 Washington Ave | $2995 | 3 | 1 | 925 | 4.2 mi |
| 20 | 77 William St, # 1 | $3200 | 3 | 2 | 1200 | 3.8 mi |
| 21 | 31 Frederic St, Apt 5 | $2254 | 3 | 1 | 1405 | 4.8 mi |
| 22 | 588 Ocean Ave | $1200 | 3 | 1 | 1600 | 3.2 mi |
| 23 | 28 Seavey St | $2700 | 3 | 1 | 3.6 mi | |
| 24 | 187-189 Rochester St | $1600 | 3 | 1 | 3.9 mi | |
| 25 | 1288 Westbrook St | $2800 | 3 | 1 | 4 mi |