REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -8.83% first-year return on $49,350 initial cash invested.
Cash On Cash
-8.83%
Cap Rate
4.5%
Rent
$1,385
Cashflow
-$363
Rent Confidence: High
Annual
$16,620
Median
$1,550
Avg
$1,425
Samples
25
Financing
Purchase Price $235k
Downpayment 20.0%
Interest Rate 6.4%
Mortgage Duration 30yr.
Cash To Invest
Total $49,350
Downpayment 20% $47,000
Closing costs 1% $2,350
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,385
Total Expenses $1,748
Mortgage P&I 85% $1,176
Property Taxes 9% $131
Home Insurance 6% $82
PManagement 10% $138
CapEx 5% $69
Vacancy 6% $83
Maintenance 5% $69
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 8325 Mt Holly Rd | $1250 | 2 | 1 | 0.3 mi | |
| 2 | 514 Leland St | $1480 | 2 | 1 | 1 mi | |
| 3 | 222 Morningside Rd | $1295 | 2 | 2 | 960 | 1.5 mi |
| 4 | 8600 Moores Chapel Rd | $1450 | 2 | 2 | 1074 | 1 mi |
| 5 | 309 Houston St | $1299 | 2 | 2 | 1290 | 0.7 mi |
| 6 | 725 Tom Sadler Rd | $1550 | 3 | 1 | 1080 | 0.3 mi |
| 7 | 1325 Bells Knox Rd | $625 | 1 | 1 | 1044 | 0.9 mi |
| 8 | 907 Rucker Cliff Dr | $620 | 1 | 1 | 1100 | 0.7 mi |
| 9 | 6337 Freedom Dr | $1500 | 2 | 2 | 1400 | 1.4 mi |
| 10 | 207 Hugh Caldwell Rd | $1750 | 3 | 2 | 987 | 0.1 mi |
| 11 | 306 Kimmswick Rd | $1885 | 2 | 1.5 | 1958 | 1.4 mi |
| 12 | 1341 Bells Knox Rd | $1660 | 3 | 2 | 960 | 0.9 mi |
| 13 | 406 Centerfield Dr | $1575 | 3 | 2 | 996 | 0.6 mi |
| 14 | 129 Hansard Dr | $600 | 1 | 1 | 1300 | 1 mi |
| 15 | 129 Hansard Dr, Unit B | $1899 | 3 | 1 | 1300 | 1 mi |
| 16 | 129 Hansard Dr, # B | $699 | 1 | 1 | 1300 | 1 mi |
| 17 | 820 Tilden Rd | $1530 | 3 | 2 | 1023 | 0.9 mi |
| 18 | 1407 Bells Knox Rd | $1595 | 3 | 2 | 1026 | 1 mi |
| 19 | 329 Cottonwood Park Dr | $1760 | 3 | 2 | 1032 | 1.3 mi |
| 20 | 8810 Stoneface Rd | $1550 | 3 | 2 | 1008 | 1.7 mi |
| 21 | 1328 Level Creek Ln | $1770 | 3 | 2 | 1030 | 1.5 mi |
| 22 | 6516 Dylan Shane Ln | $1600 | 3 | 2 | 1016 | 1.8 mi |
| 23 | 201 Ventner Ct | $1380 | 3 | 2 | 1113 | 0.7 mi |
| 24 | 206 Hugh Caldwell Rd | $1640 | 3 | 2 | 1175 | 0.1 mi |
| 25 | 8724 Deerwood Rd | $1665 | 3 | 1.5 | 1260 | 1.1 mi |
Projections