REI Lense

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This property might be a fair Airbnb investment with a projected 6.82% first-year return on $54,162 initial cash invested.

6.82%

Cash On Cash

8.93%

Cap Rate

1.47

DSCR

$2,482

Rent

$308

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,482 income − $2,174 expenses = $308 cash flow

Income$2,482Mortgage P&I$87435%Property Taxes$914%Insurance$191%Management$37215%CapEx$994%Maintenance$994%Other$62025%Cash Flow$308

Investment Breakdown

|

Purchase Price

$172k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,162

Downpayment

20%

$34,440

Closing costs

1%

$1,722

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,482

Total Expenses

$2,174

Mortgage P&I

35%

$874

Property Taxes

4%

$91

Home Insurance

1%

$19

HOA

0%

$0

Property Management

15%

$372

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$620

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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$4,550

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3

2.5

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$2,225

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3

1.5

1.48 mi

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$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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