REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -11.88% first-year return on $42,840 initial cash invested.
Cash On Cash
-11.88%
Cap Rate
4.2%
Rent
$1,046
Cashflow
-$424
Rent Confidence: High
Annual
$12,552
Median
$950
Avg
$1,047
Samples
25
Financing
Purchase Price $204k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $42,840
Downpayment 20% $40,800
Closing costs 1% $2,040
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,046
Total Expenses $1,470
Mortgage P&I 104% $1,086
Property Taxes 4% $41
Home Insurance 7% $71
PManagement 10% $105
CapEx 5% $52
Vacancy 6% $63
Maintenance 5% $52
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2830 Wilson Ave | $1200 | 1 | 1 | 750 | 1.4 mi |
| 2 | 3224E 5th Ave, Unit Fl | $950 | 1 | 1 | 750 | 2.1 mi |
| 3 | 3224E 5th Ave, Unit 3 | $950 | 1 | 1 | 750 | 2.1 mi |
| 4 | 3607 Boyds Bridge Pike | $950 | 1 | 1 | 640 | 0.4 mi |
| 5 | 3101 Marble Hill Blvd | $1200 | 1 | 1 | 875 | 0.6 mi |
| 6 | 3212 E 5th Ave, Unit Fl | $950 | 1 | 1 | 700 | 2.1 mi |
| 7 | 409 Milligan St | $900 | 1 | 1 | 800 | 2.2 mi |
| 8 | 1642 Hillwood Dr, Apt H3 | $950 | 1 | 1 | 738 | 3.6 mi |
| 9 | 1642 Hillwood Dr, Apt H14 | $950 | 1 | 1 | 738 | 3.6 mi |
| 10 | 4200 Mccalla Ave, Apt 1 | $1200 | 1 | 1 | 600 | 2.2 mi |
| 11 | 4200 Mccalla Ave, Apt 2 | $1200 | 1 | 1 | 600 | 2.2 mi |
| 12 | 1705 Washington Ave, Apt 2 | $925 | 1 | 1 | 650 | 3.6 mi |
| 13 | 3137 Ashland Ave | $925 | 1 | 1 | 1.7 mi | |
| 14 | 2121 Pleasant View Rd, Unit 2 | $1400 | 1 | 1 | 850 | 3.7 mi |
| 15 | 3010 E Magnolia Ave | $775 | 1 | 1 | 2 mi | |
| 16 | 3043 E 5th Ave, Apt 1 | $1275 | 1 | 1 | 2.2 mi | |
| 17 | 3043 E 5th Ave, Apt 2 | $1275 | 1 | 1 | 2.2 mi | |
| 18 | 3043 E 5th Ave, Apt 3 | $1275 | 1 | 1 | 2.2 mi | |
| 19 | 109 N Cruze St, Unit 1R | $1000 | 1 | 1 | 590 | 3.1 mi |
| 20 | 2913 Hackman St | $900 | 1 | 1 | 615 | 3.7 mi |
| 21 | 3603 Ashland Ave Apt A | $749 | 1 | 1 | 500 | 1.6 mi |
| 22 | 2300 Washington Ave | $900 | 1 | 1 | 3 mi | |
| 23 | 1925 Dodson Ave | $1300 | 1 | 1 | 568 | 3.3 mi |
| 24 | 5101 Ne Asheville Hwy, Unit 23 | $1195 | 1 | 1 | 3.3 mi | |
| 25 | 5101 Asheville Hwy, Apt 24 | $875 | 1 | 1 | 3.3 mi |
Projections