REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -9.27% first-year return on $65,520 initial cash invested.
Cash On Cash
-9.27%
Cap Rate
4.79%
Rent
$1,807
Cashflow
-$506
Rent Confidence: High
Annual
$21,684
Median
$1,895
Avg
$1,826
Samples
25
Financing
Purchase Price $312k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $65,520
Downpayment 20% $62,400
Closing costs 1% $3,120
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,807
Total Expenses $2,313
Mortgage P&I 92% $1,661
Property Taxes 4% $74
Home Insurance 6% $109
PManagement 10% $181
CapEx 5% $90
Vacancy 6% $108
Maintenance 5% $90
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3 Double Oaks Dr, # A | $1950 | 3 | 1 | 900 | 3.2 mi |
| 2 | 320 New Salem Rd | $1795 | 3 | 1 | 912 | 3.5 mi |
| 3 | 24 Avon Rd | $1875 | 3 | 1 | 924 | 3.7 mi |
| 4 | 24 Melton Dr | $1895 | 3 | 1 | 1015 | 4.1 mi |
| 5 | 9 Teems Ln | $2100 | 3 | 2 | 1100 | 1.4 mi |
| 6 | 1 Overton Way, # 15BE103 | $1901 | 3 | 2 | 901 | 4.3 mi |
| 7 | 17 Grassy Park Dr | $995 | 2 | 1 | 900 | 1.2 mi |
| 8 | 305 Stevens Ln | $1800 | 2 | 1 | 787 | 0.4 mi |
| 9 | 307 Stevens Ln | $1625 | 2 | 1 | 784 | 0.4 mi |
| 10 | 303 Stevens Ln | $1800 | 2 | 1 | 784 | 0.4 mi |
| 11 | 23 Pleasant Ridge Dr | $2295 | 3 | 1.5 | 1300 | 1.7 mi |
| 12 | 309 Stevens Ln | $1800 | 2 | 1 | 781 | 0.4 mi |
| 13 | 93 Raleigh Rd | $2175 | 3 | 1 | 1123 | 5 mi |
| 14 | 40 Little Knob Rd | $1650 | 3 | 1 | 1350 | 3.2 mi |
| 15 | 12 Beechwood Rd | $1900 | 3 | 1 | 1185 | 4.6 mi |
| 16 | 144 Maxwell Rd, # A | $1995 | 2 | 1 | 855 | 2.4 mi |
| 17 | 741 Bee Tree Rd | $1100 | 1 | 800 | 4.8 mi | |
| 18 | 743 Bee Tree Rd | $1100 | 1 | 800 | 4.8 mi | |
| 19 | 3 Charland Forest Rd | $2000 | 3 | 1.5 | 4 mi | |
| 20 | 4 Pinehurst Rd | $2200 | 3 | 1.5 | 4 mi | |
| 21 | 14 Sleepy Hollow Ln | $1800 | 3 | 2 | 1210 | 2.2 mi |
| 22 | 431 Governors View Rd | $1800 | 2 | 1 | 864 | 3.1 mi |
| 23 | 116 Arnold Rd | $1950 | 3 | 2 | 1300 | 1.5 mi |
| 24 | 431 Little Sycamore Ln | $2229 | 3 | 2 | 1080 | 4 mi |
| 25 | 20 Rocking Porch Rd | $1925 | 3 | 2 | 1008 | 4.9 mi |
Projections