REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -3.31% first-year return on $30,450 initial cash invested.
Cash On Cash
-3.31%
Cap Rate
5.79%
Rent
$1,078
Cashflow
-$84
Rent Confidence: High
Annual
$12,936
Median
$1,095
Avg
$1,077
Samples
25
Financing
Purchase Price $145k
Downpayment 20.0%
Interest Rate 6.5%
Mortgage Duration 30yr.
Cash To Invest
Total $30,450
Downpayment $29,000
Closing costs $1,450
Rehab $0
Furnishing $0
Cashflow
Total Income $1,078
Total Expenses $1,162
Mortgage P&I $730
Property Taxes $100
Home Insurance $51
PManagement 10% $108
CapEx 5% $54
Vacancy 6% $65
Maintenance 5% $54
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2757 L B Mcleod Rd, Apt D | $1250 | 1 | 1 | 780 | 1.7 mi |
| 2 | 2759L B Mcleod Rd, Apt C | $1095 | 1 | 1 | 780 | 1.7 mi |
| 3 | 2757 Lb Mcleod Rd, Unit C | $1100 | 1 | 1 | 780 | 1.7 mi |
| 4 | 2785L B Mcleod Rd, Unit C | $1295 | 1 | 1 | 780 | 1.8 mi |
| 5 | 2785 L B Mcleod Rd, Apt C | $1295 | 1 | 1 | 780 | 1.8 mi |
| 6 | 930 18th St | $600 | 1 | 1 | 700 | 0.6 mi |
| 7 | 1615 24th St | $1440 | 1 | 1 | 675 | 0.5 mi |
| 8 | 603 Doby Ave | $1300 | 1 | 1 | 700 | 1.9 mi |
| 9 | 731 23rd St | $750 | 1 | 1 | 650 | 0.9 mi |
| 10 | 731 23rd St, # 3 | $625 | 1 | 1 | 650 | 0.9 mi |
| 11 | 70 W Muriel St | $1299 | 1 | 1 | 700 | 2 mi |
| 12 | 901 W Anderson St, Apt B | $990 | 1 | 1 | 960 | 1.9 mi |
| 13 | 1217 22nd St | $835 | 1 | 1 | 0.4 mi | |
| 14 | 1123 S Lee Ave | $1350 | 1 | 1 | 638 | 1.1 mi |
| 15 | 902 W Jackson St, Unit A2 | $850 | 1 | 1 | 960 | 2.1 mi |
| 16 | 902 W Jackson St, Unit A1 | $950 | 1 | 1 | 960 | 2.1 mi |
| 17 | 57 W Harding St | $1449 | 1 | 1 | 666 | 2.1 mi |
| 18 | 1409 S Westmoreland Dr | $1300 | 1 | 1 | 600 | 0.8 mi |
| 19 | 2394 Orange Center Blvd | $1150 | 1 | 1 | 1.6 mi | |
| 20 | 905 W Anderson St | $990 | 1 | 1 | 1.9 mi | |
| 21 | 905 W Anderson St, Apt B | $990 | 1 | 1 | 1.9 mi | |
| 22 | 901 W Anderson St, Apt A | $990 | 1 | 1 | 1.9 mi | |
| 23 | 905 W Anderson St, Apt A | $940 | 1 | 1 | 1.9 mi | |
| 24 | 1001 W Kaley Ave Apt B | $1000 | 1 | 1 | 1247 | 0.6 mi |
| 25 | 76 W Esther St, Unit 76 | $1100 | 1 | 1 | 600 | 2 mi |