REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -8.15% first-year return on $57,750 initial cash invested.
Cash On Cash
-8.15%
Cap Rate
5.07%
Rent
$1,781
Cashflow
-$392
Rent Confidence: High
Annual
$21,372
Median
$1,800
Avg
$1,782
Samples
25
Financing
Purchase Price $275k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $57,750
Downpayment 20% $55,000
Closing costs 1% $2,750
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,781
Total Expenses $2,173
Mortgage P&I 82% $1,464
Property Taxes 8% $150
Home Insurance 5% $96
PManagement 10% $178
CapEx 5% $89
Vacancy 6% $107
Maintenance 5% $89
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2504 Little John Rd | $2195 | 3 | 2 | 1250 | 0.3 mi |
| 2 | 901 Greenwich St | $1200 | 3 | 2 | 1250 | 0.6 mi |
| 3 | 2516 Little John Rd | $2100 | 3 | 2 | 1180 | 0.3 mi |
| 4 | 2407 Maplewood Ln | $1640 | 3 | 2 | 1296 | 0.6 mi |
| 5 | 1529 Pleasant Garden Ln | $1745 | 3 | 2 | 1264 | 1.1 mi |
| 6 | 1529 Garden Ln | $1830 | 3 | 2 | 1264 | 1.1 mi |
| 7 | 2905 Glasgow St | $1800 | 3 | 2 | 1340 | 0.4 mi |
| 8 | 909 Greenwich St | $1200 | 3 | 2 | 1360 | 0.5 mi |
| 9 | 812 Greenwich St | $2250 | 3 | 2 | 1348 | 0.7 mi |
| 10 | 623 Rawls Dr, Unit 102 | $1850 | 3 | 2 | 1300 | 1.6 mi |
| 11 | 3333 Woodmeadow Pkwy | $1595 | 3 | 2 | 1152 | 1 mi |
| 12 | 1517 Pleasant Garden Ln | $2070 | 3 | 2 | 1152 | 1.1 mi |
| 13 | 2434 Jimmy Carter Way | $1780 | 3 | 2 | 1391 | 0.7 mi |
| 14 | 2045 Star Sapphire Dr | $1980 | 3 | 2 | 1324 | 1.5 mi |
| 15 | 3204 Bell Dr | $660 | 3 | 2 | 1400 | 1 mi |
| 16 | 2451 Jimmy Carter Way | $1699 | 3 | 2 | 1092 | 0.8 mi |
| 17 | 1506 E Lenoir St | $2165 | 3 | 2 | 1204 | 2.3 mi |
| 18 | 1217 Southgate Dr | $1795 | 3 | 2 | 1427 | 1.1 mi |
| 19 | 100 Stonelake Ct | $1800 | 3 | 2 | 1344 | 2.2 mi |
| 20 | 1601 Briarmont Ct | $1695 | 3 | 2.5 | 1200 | 1.1 mi |
| 21 | 2904 Little John Rd | $2195 | 3 | 1 | 1250 | 0.2 mi |
| 22 | 1705 E Lenoir St | $1800 | 3 | 2 | 1150 | 2.1 mi |
| 23 | 2704 Lead Crystal Ct | $1745 | 3 | 2 | 1426 | 1.5 mi |
| 24 | 2701 Lead Crystal Ct | $1850 | 3 | 2.5 | 1292 | 1.4 mi |
| 25 | 2814 Friar Tuck Rd | $1900 | 3 | 2 | 1542 | 0.9 mi |
Projections