REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property might be a fair Long-Term investment with a projected 4.43% first-year return on $25,200 initial cash invested.
Cash On Cash
4.43%
Cap Rate
7.89%
Rent
$1,146
Cashflow
$93
Rent Confidence: High
Annual
$13,752
Median
$1,175
Avg
$1,147
Samples
25
Financing
Purchase Price $120k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $25,200
Downpayment 20% $24,000
Closing costs 1% $1,200
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,146
Total Expenses $1,053
Mortgage P&I 56% $639
Property Taxes 6% $74
Home Insurance 4% $42
PManagement 10% $115
CapEx 5% $57
Vacancy 6% $69
Maintenance 5% $57
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 160 Wilkenson Dr NE | $1150 | 3 | 1 | 870 | 0.2 mi |
| 2 | 197 Wilkenson Dr NE | $1250 | 3 | 1 | 864 | 0.5 mi |
| 3 | 214 Victory Ln NE | $900 | 3 | 1 | 900 | 0.2 mi |
| 4 | 3202 Normandale Dr NW | $995 | 3 | 1 | 882 | 1.6 mi |
| 5 | 2124 Atkins Dr NW | $1150 | 3 | 1 | 864 | 2.1 mi |
| 6 | 2136 Evans Ave NW | $1195 | 3 | 1 | 864 | 2.2 mi |
| 7 | 229 Victory Ln NE | $950 | 3 | 1 | 1000 | 0.1 mi |
| 8 | 205 Victory Ln NW | $1100 | 3 | 1 | 1000 | 0.2 mi |
| 9 | 3809 Melody Rd NE | $975 | 3 | 1 | 1000 | 0.2 mi |
| 10 | 601 Merry Oaks Cir NW | $1350 | 3 | 1 | 900 | 1.7 mi |
| 11 | 179 Wilkenson Dr NE | $1175 | 3 | 1 | 1000 | 0.3 mi |
| 12 | 104 Whitney Ave NE | $1125 | 3 | 1 | 1013 | 0.5 mi |
| 13 | 314 S Plymouth Rd NW | $1200 | 3 | 1 | 940 | 1.6 mi |
| 14 | 110 Wilkenson Dr NE | $1150 | 3 | 1 | 1030 | 0.4 mi |
| 15 | 4808 Shawmont Dr NW | $1000 | 3 | 1 | 864 | 3 mi |
| 16 | 2115 Lee High Dr NE | $1295 | 3 | 1 | 870 | 3 mi |
| 17 | 4718 Meridian St N | $1250 | 3 | 1 | 1000 | 1.6 mi |
| 18 | 2242 Norwood Dr NW | $1050 | 3 | 1 | 960 | 2.5 mi |
| 19 | 2029 Dellbrook Dr NE | $1200 | 3 | 1 | 918 | 3.1 mi |
| 20 | 3215 Yale Cir NW | $1250 | 3 | 1 | 925 | 3 mi |
| 21 | 423 S Plymouth Rd NW | $1300 | 3 | 1 | 1035 | 1.5 mi |
| 22 | 2401 Mount Vernon Rd NW | $995 | 3 | 1 | 950 | 2.7 mi |
| 23 | 2210 Norwood Dr NW | $1295 | 3 | 1 | 984 | 2.2 mi |
| 24 | 4805 Padgett Dr NW | $1195 | 3 | 1 | 1000 | 2.4 mi |
| 25 | 2608 Huntsville St NW | $1175 | 3 | 1 | 984 | 2.7 mi |
Projections