REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -8.04% first-year return on $64,050 initial cash invested.
Cash On Cash
-8.04%
Cap Rate
5.03%
Rent
$1,956
Cashflow
-$429
Rent Confidence: High
Annual
$23,472
Median
$1,999
Avg
$1,985
Samples
25
Financing
Purchase Price $305k
Downpayment 20.0%
Interest Rate 6.9%
Mortgage Duration 30yr.
Cash To Invest
Total $64,050
Downpayment 20% $61,000
Closing costs 1% $3,050
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,956
Total Expenses $2,385
Mortgage P&I 82% $1,610
Property Taxes 7% $138
Home Insurance 5% $107
HOA 1% $21
PManagement 10% $196
CapEx 5% $98
Vacancy 6% $117
Maintenance 5% $98
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3105 Penn Meade Way | $1995 | 3 | 2 | 960 | 0.2 mi |
| 2 | 3063 Penn Meade Way | $1850 | 3 | 2 | 960 | 0.2 mi |
| 3 | 2317 Benay Rd | $1897 | 3 | 2 | 960 | 0.2 mi |
| 4 | 3091 Penn Meade Way | $2000 | 3 | 2 | 978 | 0.2 mi |
| 5 | 3104 Penn Meade Way | $1890 | 3 | 2 | 948 | 0.2 mi |
| 6 | 2522 Sonar St | $1625 | 3 | 2 | 1000 | 0.1 mi |
| 7 | 2553 Sonar St | $1775 | 3 | 2 | 1001 | 0.1 mi |
| 8 | 2712 River Bend Dr | $1995 | 3 | 2 | 1074 | 0.7 mi |
| 9 | 2916 Steamboat Dr | $2500 | 3 | 2 | 1145 | 0.7 mi |
| 10 | 500 Forest Park Rd | $2010 | 3 | 2 | 1053 | 1.9 mi |
| 11 | 504 Forrest Park Rd | $1795 | 3 | 2 | 1053 | 1.9 mi |
| 12 | 2812 Penn Meade Dr | $2165 | 3 | 2 | 1200 | 0.2 mi |
| 13 | 2805 Steamboat Dr | $2050 | 3 | 2 | 1152 | 1 mi |
| 14 | 2633 River Meade Way | $1845 | 3 | 2 | 1244 | 0.2 mi |
| 15 | 3020 Penn Meade Way | $2195 | 3 | 2 | 1244 | 0.3 mi |
| 16 | 2711 River Bend Dr | $2075 | 3 | 2 | 1220 | 0.7 mi |
| 17 | 231 Emmitt Ave | $1695 | 3 | 2 | 1150 | 1.5 mi |
| 18 | 3012 Delta Queen Dr | $1750 | 3 | 2 | 1236 | 0.8 mi |
| 19 | 541 Neelys Bend Rd | $1900 | 3 | 2 | 1150 | 1.7 mi |
| 20 | 432 Emmitt Ave | $2075 | 3 | 2 | 1204 | 1.2 mi |
| 21 | 828 Neelys Chase Dr | $2135 | 3 | 2 | 1191 | 1.4 mi |
| 22 | 1101 Idlewild Ct | $2048 | 3 | 2 | 1225 | 1.1 mi |
| 23 | 3216 Cain Harbor Dr | $1999 | 3 | 2 | 0.4 mi | |
| 24 | 120 Paddle Wheel Ct | $2315 | 3 | 2 | 1229 | 1 mi |
| 25 | 2908 Steamboat Dr | $2045 | 3 | 2 | 1271 | 0.7 mi |
Projections