REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -6.13% first-year return on $49,350 initial cash invested.
Cash On Cash
-6.13%
Cap Rate
5.54%
Rent
$1,722
Cashflow
-$252
Rent Confidence: High
Annual
$20,664
Median
$1,575
Avg
$1,703
Samples
25
Financing
Purchase Price $235k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $49,350
Downpayment 20% $47,000
Closing costs 1% $2,350
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,722
Total Expenses $1,974
Mortgage P&I 73% $1,251
Property Taxes 11% $194
Home Insurance 5% $82
PManagement 10% $172
CapEx 5% $86
Vacancy 6% $103
Maintenance 5% $86
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1309 E Jones St, Unit 1309 | $1595 | 2 | 1 | 1200 | 0.6 mi |
| 2 | 112 Lincoln Ct, Apt A | $1400 | 2 | 1 | 1111 | 0.8 mi |
| 3 | 907 E Edenton St | $1495 | 2 | 1 | 1100 | 1 mi |
| 4 | 1003 N State St | $1600 | 2 | 1 | 1100 | 1.2 mi |
| 5 | 1710 Oakwood Ave | $1499 | 2 | 1 | 1008 | 0.2 mi |
| 6 | 707 Holden St | $2500 | 2 | 1 | 1263 | 1.6 mi |
| 7 | 1611 Cross St | $1575 | 2 | 1 | 973 | 0.4 mi |
| 8 | 1612 Boyer St | $1450 | 2 | 1 | 950 | 0.2 mi |
| 9 | 15 N Fisher St # Boyer St | $1450 | 2 | 1 | 950 | 0.2 mi |
| 10 | 800 Brighton Rd | $1695 | 2 | 1 | 1000 | 1 mi |
| 11 | 804 Culpepper Ln | $1845 | 2 | 1 | 1400 | 1.3 mi |
| 12 | 815 E Davie St | $2150 | 2 | 1.5 | 1071 | 1.3 mi |
| 13 | 505 Solar Dr | $1700 | 2 | 1 | 965 | 1.5 mi |
| 14 | 706 Tyler Rd | $2300 | 2 | 1 | 920 | 1.1 mi |
| 15 | 1504 Poole Rd | $1299 | 2 | 2 | 1102 | 0.5 mi |
| 16 | 704 Monroe Dr | $2300 | 2 | 2 | 1151 | 1.2 mi |
| 17 | 1014 Norris St | $1600 | 2 | 1 | 925 | 1.6 mi |
| 18 | 812 Colleton Rd | $1395 | 2 | 1 | 874 | 0.9 mi |
| 19 | 133 S Tarboro St | $1500 | 2 | 2 | 1101 | 0.9 mi |
| 20 | 105 Heck St | $995 | 2 | 1 | 1 mi | |
| 21 | 626 Glascock St | $2895 | 2 | 2 | 1200 | 1.4 mi |
| 22 | 734 E Lenoir St, # 600 | $1395 | 2 | 1 | 900 | 1.5 mi |
| 23 | 734 E Lenoir St | $1395 | 2 | 1 | 900 | 1.5 mi |
| 24 | 206 Colleton Rd, Unit 204 | $1550 | 2 | 1 | 800 | 0.2 mi |
| 25 | 319 Seawell Ave | $2000 | 2 | 1 | 1.2 mi |
Projections