REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -7.98% first-year return on $78,750 initial cash invested.
Cash On Cash
-7.98%
Cap Rate
5.1%
Rent
$2,464
Cashflow
-$524
Rent Confidence: High
Annual
$29,568
Median
$2,395
Avg
$2,465
Samples
25
Financing
Purchase Price $375k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $78,750
Downpayment 20% $75,000
Closing costs 1% $3,750
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,464
Total Expenses $2,988
Mortgage P&I 81% $1,996
Property Taxes 7% $166
Home Insurance 5% $131
HOA 2% $55
PManagement 10% $246
CapEx 5% $123
Vacancy 6% $148
Maintenance 5% $123
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 12 Guinevere Ct | $2300 | 3 | 2 | 1350 | 2.5 mi |
| 2 | 16 Dellwood St | $2800 | 3 | 2 | 1334 | 2.4 mi |
| 3 | 100 Pace Ln | $2100 | 3 | 2 | 1337 | 2.6 mi |
| 4 | 7 City Cove Ln | $2950 | 3 | 2 | 1160 | 1.3 mi |
| 5 | 7 City Cv Ln | $2950 | 3 | 2 | 1159 | 1.3 mi |
| 6 | 313 Westover Dr | $2100 | 3 | 2 | 1170 | 1.4 mi |
| 7 | 45 Oak Hill Dr | $2400 | 3 | 2 | 1162 | 1.6 mi |
| 8 | 142 Logan Ave | $2300 | 3 | 2 | 1438 | 2.8 mi |
| 9 | 4 Florida Pl | $2100 | 3 | 2 | 1200 | 2.1 mi |
| 10 | 46 Mitchell Ave | $2500 | 3 | 2 | 1487 | 2.5 mi |
| 11 | 59 Johnston Blvd | $2300 | 3 | 2 | 1232 | 2.6 mi |
| 12 | 53 Nancy St | $2500 | 3 | 2 | 1108 | 1.5 mi |
| 13 | 58 Nancy St | $2500 | 3 | 2 | 1104 | 1.5 mi |
| 14 | 61 Sevier St | $3200 | 3 | 2.5 | 1356 | 2.9 mi |
| 15 | 61 Haywood Rd | $1200 | 3 | 2 | 1200 | 2.8 mi |
| 16 | 65 Montview Dr | $2295 | 3 | 2 | 1508 | 2.9 mi |
| 17 | 210 Gdn Cv Ln | $2450 | 3 | 2.5 | 1400 | 2.7 mi |
| 18 | 96 Louisiana Ave | $2395 | 3 | 2 | 1602 | 2.4 mi |
| 19 | 18 Laurel Loop | $2700 | 3 | 2 | 1100 | 2.1 mi |
| 20 | 12 Revonda Dr | $2395 | 3 | 2.5 | 1424 | 2.8 mi |
| 21 | 7A Woodfin Ave | $2395 | 3 | 2.5 | 1272 | 2.8 mi |
| 22 | 50 Deaver St | $3600 | 3 | 2.5 | 1460 | 2.6 mi |
| 23 | 212 Garden Cv, Unit Upper | $2395 | 3 | 2.5 | 1458 | 2.6 mi |
| 24 | 84 Green Oak Rd | $2400 | 3 | 2.5 | 1454 | 2.8 mi |
| 25 | 68 Rash Rd | $2395 | 3 | 1.5 | 1242 | 2.7 mi |
Projections