REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -4.64% first-year return on $50,379 initial cash invested.
Cash On Cash
-4.64%
Cap Rate
5.85%
Rent
$1,767
Cashflow
-$195
Rent Confidence: High
Annual
$21,204
Median
$1,795
Avg
$1,792
Samples
25
Financing
Purchase Price $240k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $50,379
Downpayment $47,980
Closing costs $2,399
Rehab $0
Furnishing $0
Cashflow
Total Income $1,767
Total Expenses $1,962
Mortgage P&I $1,277
Property Taxes $142
Home Insurance $84
PManagement $177
CapEx $88
Vacancy $106
Maintenance $88
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 214 Forest Ridge Dr | $1725 | 3 | 1 | 1175 | 0.6 mi |
| 2 | 103 Wilshire Blvd | $1835 | 3 | 1 | 1000 | 2.9 mi |
| 3 | 109 W Welwood Dr | $1650 | 3 | 1 | 1014 | 3.6 mi |
| 4 | 59 Quail Forest Dr | $1650 | 3 | 2 | 1066 | 0.7 mi |
| 5 | 506 Woodley Rd | $1825 | 3 | 1 | 1210 | 2.2 mi |
| 6 | 106 S Quail Xing | $2100 | 3 | 2 | 1137 | 0.6 mi |
| 7 | 7 Forest Ridge Ct | $1300 | 3 | 2 | 1148 | 0.5 mi |
| 8 | 507 Collingwood Dr | $1950 | 3 | 1 | 1296 | 2.2 mi |
| 9 | 47 Merrydell Dr | $1400 | 3 | 1 | 1192 | 3.5 mi |
| 10 | 117 Croatan St | $1675 | 3 | 1 | 1166 | 4 mi |
| 11 | 204 W Welwood Dr | $1650 | 3 | 1 | 1258 | 3.5 mi |
| 12 | 1114 Mohawk St | $1600 | 3 | 2 | 1266 | 0.4 mi |
| 13 | 517 Mimosa Pl | $1600 | 3 | 2 | 1150 | 2.1 mi |
| 14 | 12 Keystone Dr | $1900 | 3 | 1.5 | 1144 | 3.9 mi |
| 15 | 9 Del Mar Cir | $1795 | 3 | 1 | 1444 | 2.6 mi |
| 16 | 409 Sharondale Rd | $2100 | 3 | 2 | 1134 | 2.7 mi |
| 17 | 30 Pointer Pl | $1550 | 2 | 1 | 1080 | 0.4 mi |
| 18 | 12428 Largo Dr | $1800 | 3 | 2 | 1200 | 2 mi |
| 19 | 309 Montclair Blvd | $1975 | 3 | 2 | 1204 | 2.2 mi |
| 20 | 123 Bordeaux Ln | $1800 | 3 | 2 | 1083 | 3.9 mi |
| 21 | 2 Las Tunas Cir | $1750 | 3 | 2 | 1363 | 1.1 mi |
| 22 | Las Tunas Cir, # 2 | $2075 | 3 | 2 | 1363 | 1.1 mi |
| 23 | 5 Rio Rd | $2200 | 3 | 2 | 1296 | 1.8 mi |
| 24 | 5 St Moritz Ct | $2200 | 3 | 2 | 1320 | 1.6 mi |
| 25 | 48 Leeward Dr | $1700 | 3 | 2 | 1150 | 3.4 mi |