REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -11.82% first-year return on $46,200 initial cash invested.
Cash On Cash
-11.82%
Cap Rate
4.24%
Rent
$1,246
Cashflow
-$455
Rent Confidence: High
Annual
$14,952
Median
$1,195
Avg
$1,246
Samples
25
Financing
Purchase Price $220k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $46,200
Downpayment $44,000
Closing costs $2,200
Rehab $0
Furnishing $0
Cashflow
Total Income $1,246
Total Expenses $1,701
Mortgage P&I $1,171
Property Taxes $129
Home Insurance $77
PManagement $125
CapEx $62
Vacancy $75
Maintenance $62
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1464 Sawyer Rd | $1300 | 2 | 1 | 755 | 0.1 mi |
| 2 | 1215 S East St, Apt A | $1250 | 2 | 1 | 760 | 0.4 mi |
| 3 | 1215 S East St, Apt E | $1250 | 2 | 1 | 760 | 0.4 mi |
| 4 | 1215 S East St, Apt D | $1250 | 2 | 1 | 760 | 0.4 mi |
| 5 | 704 Mcmakin St, Apt C | $1197 | 2 | 1 | 829 | 0.3 mi |
| 6 | 704 Mcmakin St, Apt B | $1195 | 2 | 1 | 829 | 0.3 mi |
| 7 | 830 1/2 E Lenoir St | $895 | 2 | 1 | 800 | 1.4 mi |
| 8 | 830 E Lenoir St, Unit 2 | $895 | 2 | 1 | 800 | 1.4 mi |
| 9 | 525 Montague Ln | $1699 | 2 | 1 | 800 | 1.4 mi |
| 10 | Vardaman 0b St, Unit 2B1 | $1195 | 2 | 1 | 824 | 1.1 mi |
| 11 | 611 E Davie St, Apt C | $1775 | 2 | 1 | 800 | 1.6 mi |
| 12 | 113 Bragg St | $1195 | 2 | 1 | 712 | 0.8 mi |
| 13 | 801 Vardaman St, Apt 201 | $1195 | 2 | 1 | 824 | 1.4 mi |
| 14 | 801 Vardaman St | $1195 | 2 | 1 | 824 | 1.4 mi |
| 15 | 801 Vardaman St, Unit 2b1 0B | $1195 | 2 | 1 | 824 | 1.4 mi |
| 16 | 709 Vardaman St, Apt 201 | $1195 | 2 | 1 | 824 | 1.4 mi |
| 17 | 801 Vardaman St, Apt 101 | $1195 | 2 | 1 | 824 | 1.4 mi |
| 18 | 717 Vardaman St, Apt 203 | $1195 | 2 | 1 | 824 | 1.4 mi |
| 19 | 709 Vardaman St, Apt 103 | $1195 | 2 | 1 | 824 | 1.4 mi |
| 20 | 713 Vardaman St, Apt 201 | $1195 | 2 | 1 | 824 | 1.4 mi |
| 21 | 713 Vardaman St, Apt 105 | $1195 | 2 | 1 | 824 | 1.4 mi |
| 22 | 1408 Beauty Ave | $1400 | 2 | 1 | 706 | 1.6 mi |
| 23 | 734 E Lenoir St | $1395 | 2 | 1 | 900 | 1.3 mi |
| 24 | 506 Bragg St | $800 | 2 | 2 | 780 | 0.5 mi |
| 25 | 310 S East St | $1700 | 2 | 1 | 900 | 1.7 mi |