REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -13.51% first-year return on $98,490 initial cash invested.
Cash On Cash
-13.51%
Cap Rate
3.86%
Rent
$2,430
Cashflow
-$1,109
Rent Confidence: High
Annual
$29,160
Median
$2,400
Avg
$2,433
Samples
25
Financing
Purchase Price $469k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $98,490
Downpayment $93,800
Closing costs $4,690
Rehab $0
Furnishing $0
Cashflow
Total Income $2,430
Total Expenses $3,539
Mortgage P&I $2,496
Property Taxes $246
Home Insurance $164
PManagement $243
CapEx $122
Vacancy $146
Maintenance $122
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 15 Hudson St | $1950 | 3 | 2 | 1250 | 0.6 mi |
| 2 | 55 Alabama Ave | $2200 | 3 | 2 | 1176 | 0.4 mi |
| 3 | 16 Spinet St | $2100 | 3 | 2 | 1200 | 1.1 mi |
| 4 | 61 Haywood Rd | $1350 | 3 | 2 | 1200 | 1.4 mi |
| 5 | 16 Dellwood St | $3000 | 3 | 2 | 1334 | 1.2 mi |
| 6 | 97 Virginia Ave | $2300 | 3 | 2 | 1400 | 0.7 mi |
| 7 | 314 Virginia Ave | $2441 | 3 | 2 | 1105 | 0.8 mi |
| 8 | 310 Virginia Ave | $2441 | 3 | 2 | 1100 | 0.8 mi |
| 9 | 59 Johnston Blvd | $2300 | 3 | 2 | 1232 | 2.6 mi |
| 10 | 100 Pace Ln | $2100 | 3 | 2 | 1337 | 1.8 mi |
| 11 | 106 Estes Ct | $2695 | 3 | 2 | 1375 | 1.5 mi |
| 12 | 7 City Cove Ln | $2950 | 3 | 2 | 1160 | 2.2 mi |
| 13 | 7 City Cv Ln | $2950 | 3 | 2 | 1159 | 2.2 mi |
| 14 | 142 Logan Ave | $2300 | 3 | 2 | 1438 | 1.4 mi |
| 15 | 561 Depot St | $3500 | 3 | 2 | 1400 | 1.8 mi |
| 16 | 53 Nancy St | $2500 | 3 | 2 | 1108 | 2 mi |
| 17 | 45 Oak Hill Dr | $2400 | 3 | 2 | 1162 | 3 mi |
| 18 | 18 Laurel Loop | $2700 | 3 | 2 | 1100 | 2.3 mi |
| 19 | 26 Haith Dr | $1950 | 3 | 2 | 1430 | 2.4 mi |
| 20 | 46 Mitchell Ave | $3200 | 3 | 2 | 1487 | 2 mi |
| 21 | 74 Buffalo St | $1895 | 3 | 2 | 1008 | 1.5 mi |
| 22 | 1460 Patton Ave Apt B | $1950 | 3 | 2 | 1450 | 2.4 mi |
| 23 | 96 Louisiana Ave | $2395 | 3 | 2 | 1602 | 1.3 mi |
| 24 | 8 Upstream Way | $2850 | 3 | 2.5 | 1408 | 1.4 mi |
| 25 | 46 Moore Ave | $2400 | 3 | 2.5 | 1475 | 0.9 mi |