REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -14.87% first-year return on $104k initial cash invested.
Cash On Cash
-14.87%
Cap Rate
3.56%
Rent
$2,428
Cashflow
-$1,288
Rent Confidence: High
Annual
$29,136
Median
$2,350
Avg
$2,468
Samples
25
Financing
Purchase Price $495k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $104k
Downpayment $99,000
Closing costs $4,950
Rehab $0
Furnishing $0
Cashflow
Total Income $2,428
Total Expenses $3,716
Mortgage P&I $2,635
Property Taxes $277
Home Insurance $173
PManagement $243
CapEx $121
Vacancy $146
Maintenance $121
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 11 Walton St | $2295 | 3 | 2 | 1018 | 1.6 mi |
| 2 | 6 Latta St | $2575 | 3 | 2 | 1050 | 2.1 mi |
| 3 | 74 Buffalo St | $1895 | 3 | 2 | 1008 | 1.9 mi |
| 4 | 55 Elizabeth Pl | $2800 | 3 | 2 | 1096 | 1.6 mi |
| 5 | 9 Dundee St | $2350 | 3 | 2 | 1144 | 1.4 mi |
| 6 | 53 Nancy St | $2500 | 3 | 2 | 1108 | 2 mi |
| 7 | 61 Haywood Rd | $1350 | 3 | 2 | 1200 | 1.2 mi |
| 8 | 313 Westover Dr | $2100 | 3 | 2 | 1170 | 2.1 mi |
| 9 | 55 Alabama Ave | $2200 | 3 | 2 | 1176 | 2.1 mi |
| 10 | 274 Clayton Ave Apt D | $1900 | 3 | 2.5 | 1100 | 2 mi |
| 11 | 16 Dellwood St | $3000 | 3 | 2 | 1334 | 1.7 mi |
| 12 | 81 Carroll Ave | $2500 | 3 | 2 | 1400 | 1.4 mi |
| 13 | 142 Logan Ave | $2300 | 3 | 2 | 1438 | 1.1 mi |
| 14 | 326 Pearson Dr | $2000 | 3 | 1 | 1020 | 2.2 mi |
| 15 | 58 S Ann St | $3000 | 3 | 1 | 900 | 0.4 mi |
| 16 | 561 Depot St | $3500 | 3 | 2 | 1400 | 1.6 mi |
| 17 | 279 S French Broad Ave | $3300 | 3 | 2 | 1540 | 0.6 mi |
| 18 | 15 Michigan Ave | $2000 | 3 | 1 | 1100 | 2 mi |
| 19 | 26 Haith Dr | $1950 | 3 | 2 | 1430 | 2 mi |
| 20 | 17 Bearden Ave | $3100 | 3 | 2.5 | 1.1 mi | |
| 21 | 432 Riverview Dr | $2400 | 3 | 2 | 730 | 2 mi |
| 22 | 30 Carter St | $3200 | 3 | 2 | 1700 | 0.6 mi |
| 23 | 114 Clingman Ave | $1895 | 3 | 1 | 0 mi | |
| 24 | 50 Deaver St | $3600 | 3 | 2.5 | 1460 | 1 mi |
| 25 | 73 Clingman Pl, Unit A | $2000 | 3 | 1 | 0.2 mi |