REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -11.55% first-year return on $81,690 initial cash invested.
Cash On Cash
-11.55%
Cap Rate
4.29%
Rent
$2,150
Cashflow
-$786
Rent Confidence: High
Annual
$25,800
Median
$2,063
Avg
$2,150
Samples
25
Financing
Purchase Price $389k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $81,690
Downpayment 20% $77,800
Closing costs 1% $3,890
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,150
Total Expenses $2,936
Mortgage P&I 96% $2,070
Property Taxes 8% $170
Home Insurance 6% $136
PManagement 10% $215
CapEx 5% $108
Vacancy 6% $129
Maintenance 5% $108
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 341 Bee Tree Rd | $1950 | 3 | 1 | 1500 | 4.6 mi |
| 2 | 50 Ferncliff Dr | $3200 | 3 | 2 | 1507 | 1.6 mi |
| 3 | 40 Little Knob Rd | $1650 | 3 | 1 | 1350 | 3.7 mi |
| 4 | 23 Pleasant Ridge Dr | $2295 | 3 | 1.5 | 1300 | 2.5 mi |
| 5 | 1 Gash Farm Rd | $1850 | 3 | 2 | 1368 | 2.1 mi |
| 6 | 116 Arnold Rd | $1850 | 3 | 2 | 1300 | 2.3 mi |
| 7 | 14 Sleepy Hollow Ln | $1800 | 3 | 2 | 1210 | 1.4 mi |
| 8 | 117 Domeno Dr | $2800 | 3 | 2 | 1668 | 2.6 mi |
| 9 | 20 Pine Spring Dr | $2600 | 3 | 2 | 1455 | 4.1 mi |
| 10 | 2000 Olde Eastwood Village Blvd, Unit 206 | $2200 | 3 | 2 | 1402 | 3.7 mi |
| 11 | 1 Overton Way, # 09BE203 | $2063 | 3 | 2 | 1456 | 4.4 mi |
| 12 | 1 Overton Way, # 07BE204 | $2063 | 3 | 2 | 1456 | 4.4 mi |
| 13 | 1 Overton Way, # 11BE203 | $2063 | 3 | 2 | 1456 | 4.4 mi |
| 14 | 1 Overton Way, # 04BE203 | $1825 | 3 | 2 | 1456 | 4.4 mi |
| 15 | 1 Overton Way, # 04BE204 | $2028 | 3 | 2 | 1456 | 4.4 mi |
| 16 | 1 Overton Way, # 12BE203 | $2028 | 3 | 2 | 1456 | 4.4 mi |
| 17 | 1 Overton Way, # 02BE203 | $1812 | 3 | 2 | 1456 | 4.4 mi |
| 18 | 1 Overton Way, # 04BE104 | $1822 | 3 | 2 | 1456 | 4.4 mi |
| 19 | 9 Teems Ln | $2100 | 3 | 2 | 1100 | 0.7 mi |
| 20 | 14 Cherry Laurel Ln | $1995 | 3 | 2 | 1467 | 4.6 mi |
| 21 | 32 Nixon Ter | $2450 | 3 | 2 | 1350 | 3.6 mi |
| 22 | 8 Pin Oak Ln | $2200 | 3 | 2 | 1514 | 4.7 mi |
| 23 | 613 Salem Heights Ln | $2500 | 3 | 2.5 | 1415 | 2.8 mi |
| 24 | 611 Salem Heights Ln | $2295 | 3 | 2.5 | 1408 | 2.8 mi |
| 25 | 610 Salem Heights Ln | $2300 | 3 | 2.5 | 1408 | 2.8 mi |
Projections