REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property might be a fair Long-Term investment with a projected 5.77% first-year return on $46,200 initial cash invested.
Cash On Cash
5.77%
Cap Rate
8.24%
Rent
$2,052
Cashflow
$222
Rent Confidence: High
Annual
$24,624
Median
$1,995
Avg
$2,056
Samples
25
Financing
Purchase Price $220k
Downpayment 20.0%
Interest Rate 7.1%
Mortgage Duration 30yr.
Cash To Invest
Total $46,200
Downpayment 20% $44,000
Closing costs 1% $2,200
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,052
Total Expenses $1,830
Mortgage P&I 58% $1,186
Property Taxes 2% $33
Home Insurance 4% $77
PManagement 10% $205
CapEx 5% $103
Vacancy 6% $123
Maintenance 5% $103
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2345 Ranchland Dr | $2100 | 3 | 1 | 1098 | 0.3 mi |
| 2 | 57 S Parkwood St | $1650 | 3 | 1 | 1133 | 1 mi |
| 3 | 2114 Sunset Blvd | $1500 | 3 | 1 | 1087 | 1.5 mi |
| 4 | 2371 Wilemere Dr | $2100 | 3 | 1 | 1029 | 0.9 mi |
| 5 | 2234 N Fernwood Ct | $1800 | 3 | 1 | 1200 | 1.5 mi |
| 6 | 2214 E 43rd St | $1995 | 3 | 1 | 1120 | 2.6 mi |
| 7 | 1910 E 58th St | $1595 | 3 | 1 | 1020 | 1.3 mi |
| 8 | 26 N Parkwood Dr | $1900 | 3 | 1 | 1015 | 1.3 mi |
| 9 | 2103 E 42nd St | $1895 | 3 | 1 | 1095 | 2.6 mi |
| 10 | 2210 N Fernwood Dr | $2050 | 3 | 1 | 1020 | 1.6 mi |
| 11 | 2108 Teresa Dr | $1825 | 3 | 1 | 950 | 0.9 mi |
| 12 | 1305 E 57th St | $2150 | 3 | 1 | 1000 | 1.8 mi |
| 13 | 1509 E 55th St | $2500 | 3 | 1 | 1300 | 1.6 mi |
| 14 | 19 Hughes Ave | $1700 | 3 | 1 | 1356 | 1.2 mi |
| 15 | 1206 E 71st St | $1850 | 3 | 1 | 936 | 1.5 mi |
| 16 | 2211 E 42nd St | $2200 | 3 | 1 | 1013 | 2.7 mi |
| 17 | 1810 E 41st St | $1795 | 3 | 1 | 1267 | 2.7 mi |
| 18 | 6 Ranchland Dr | $2100 | 3 | 1 | 0.4 mi | |
| 19 | 1133 E 50th St | $3200 | 3 | 1 | 1324 | 2.3 mi |
| 20 | 10 Arrowhead Ct | $2600 | 3 | 2 | 1125 | 1.4 mi |
| 21 | 1902 E 60th St | $2350 | 3 | 2 | 1170 | 1.1 mi |
| 22 | 2304 Fleet St | $1595 | 3 | 2 | 1206 | 1 mi |
| 23 | 1531 E 53rd St | $2600 | 3 | 1 | 1455 | 1.7 mi |
| 24 | 1312 E 69th St | $2500 | 3 | 2 | 1200 | 1.2 mi |
| 25 | 2211 E 56th St | $1850 | 3 | 1 | 1.3 mi |
Projections