REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -9.39% first-year return on $73,500 initial cash invested.
Cash On Cash
-9.39%
Cap Rate
4.77%
Rent
$2,067
Cashflow
-$575
Rent Confidence: High
Annual
$24,804
Median
$2,000
Avg
$2,068
Samples
25
Financing
Purchase Price $350k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $73,500
Downpayment 20% $70,000
Closing costs 1% $3,500
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,067
Total Expenses $2,642
Mortgage P&I 90% $1,863
Property Taxes 6% $120
Home Insurance 6% $122
PManagement 10% $207
CapEx 5% $103
Vacancy 6% $124
Maintenance 5% $103
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 240 Merion Rd | $1800 | 3 | 3 | 1806 | 3 mi |
| 2 | 2 Waterfall Dr | $2100 | 3 | 2.5 | 1866 | 1.6 mi |
| 3 | 293 Pine Valley Rd | $1950 | 3 | 2.5 | 1762 | 3 mi |
| 4 | 157 Sheffield Dr | $2150 | 3 | 2 | 1432 | 0.1 mi |
| 5 | 46 Representative Ln, Unit 19 | $2350 | 3 | 3 | 2100 | 3.2 mi |
| 6 | 56 Representative Ln, Unit 14 | $2395 | 3 | 3 | 2100 | 3.1 mi |
| 7 | 6 Fairway Ct | $1800 | 3 | 2.5 | 1972 | 2.6 mi |
| 8 | 176 Tall Tree Ln | $2300 | 3 | 2.5 | 1763 | 4.3 mi |
| 9 | 81 Stoney Dr | $1950 | 3 | 2.5 | 1749 | 4.6 mi |
| 10 | 650 College Rd | $1850 | 3 | 3 | 2317 | 2.4 mi |
| 11 | 362 Harvest Grove Trl | $2500 | 3 | 2.5 | 1854 | 3.8 mi |
| 12 | 59 Stoney Dr | $1900 | 3 | 2.5 | 1749 | 4.7 mi |
| 13 | 125 Stoney Dr | $1950 | 3 | 2.5 | 1763 | 4.6 mi |
| 14 | 18 N Kirkwood St | $2000 | 3 | 2.5 | 1762 | 5 mi |
| 15 | 47 Representative Ln | $2395 | 3 | 3 | 2300 | 3.2 mi |
| 16 | 219 N Caroline Pl | $2200 | 3 | 2.5 | 1864 | 4.5 mi |
| 17 | 8 Ironwood Cir | $1700 | 3 | 2 | 1802 | 3.6 mi |
| 18 | 29 Stoney Dr | $1800 | 3 | 2.5 | 1850 | 4.9 mi |
| 19 | 1244 N Farmview Dr | $1800 | 3 | 2.5 | 1608 | 5.2 mi |
| 20 | 419 E Wind Dr | $1800 | 3 | 2.5 | 1570 | 4.8 mi |
| 21 | 45 Anchor Ln | $2300 | 3 | 2.5 | 1554 | 4.7 mi |
| 22 | 116 Matterhorn Dr | $2300 | 3 | 2 | 1796 | 4 mi |
| 23 | 105 Kevin Ct | $1950 | 3 | 2.5 | 1570 | 4.9 mi |
| 24 | 25 Representative Ln | $2100 | 3 | 2.5 | 2153 | 3.3 mi |
| 25 | 176 Laertes Dr | $2350 | 3 | 2 | 1342 | 1.5 mi |
Projections