REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -18.93% first-year return on $164k initial cash invested.
Cash On Cash
-18.93%
Cap Rate
2.38%
Rent
$3,031
Cashflow
-$2,581
Rent Confidence: High
Annual
$36,372
Median
$2,800
Avg
$2,957
Samples
25
Financing
Purchase Price $779k
Downpayment 20.0%
Interest Rate 6.6%
Mortgage Duration 30yr.
Cash To Invest
Total $164k
Downpayment 20% $156k
Closing costs 1% $7,790
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $3,031
Total Expenses $5,612
Mortgage P&I 131% $3,974
Property Taxes 19% $576
Home Insurance 9% $273
PManagement 10% $303
CapEx 5% $152
Vacancy 6% $182
Maintenance 5% $152
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 305 Deering Ave, # 1 | $2800 | 3 | 2 | 2100 | 1.7 mi |
| 2 | 42 Savoy St | $3600 | 3 | 2 | 2016 | 2.7 mi |
| 3 | 107 Oakdale St | $3300 | 3 | 2 | 2300 | 1.5 mi |
| 4 | 56 Chenery St | $3670 | 3 | 2 | 1494 | 1.1 mi |
| 5 | 195 Pleasant Ave, # 195 | $4200 | 3 | 3 | 1700 | 0.1 mi |
| 6 | 43 Redlon Park Rd | $4500 | 3 | 3 | 2088 | 1.3 mi |
| 7 | 17 Partridge Rd | $1400 | 3 | 2 | 1556 | 2.6 mi |
| 8 | 75 Roberts St | $2530 | 3 | 2 | 2 mi | |
| 9 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 1.3 mi |
| 10 | 21 Mayfield St, # 2 | $3000 | 3 | 2 | 1300 | 1.3 mi |
| 11 | 10 White Birch Ln, Apt 10 | $3800 | 3 | 2 | 1400 | 2.4 mi |
| 12 | 77 William St, # 1 | $3200 | 3 | 2 | 1200 | 1.6 mi |
| 13 | 1056 Forest Avenue-1056 Forest Ave, Apt 1 | $2750 | 3 | 1 | 1 mi | |
| 14 | 105 Dartmouth St, Fl 2 | $2850 | 3 | 1 | 1500 | 1.5 mi |
| 15 | 588 Ocean Ave | $1200 | 3 | 1 | 1600 | 2.5 mi |
| 16 | 183 Prospect Street Prospect St, Unit 183 | $4000 | 4 | 2 | 2200 | 0.8 mi |
| 17 | 105 Dartmouth-furnished St, Unit 1 | $3700 | 3 | 1 | 1400 | 1.5 mi |
| 18 | 100 Bolton St | $2800 | 3 | 1.5 | 1200 | 1.6 mi |
| 19 | 1288 Westbrook St | $2800 | 3 | 1 | 2.5 mi | |
| 20 | 27 Frederic St, Unit A | $2500 | 3 | 1 | 2.5 mi | |
| 21 | 51 Frederic St, Unit 2 | $2895 | 3 | 1 | 2.6 mi | |
| 22 | 31 Frederic St, Apt 5 | $2254 | 3 | 1 | 1405 | 2.5 mi |
| 23 | 523 Washington Ave, # 523-2 | $2688 | 3 | 1 | 3 mi | |
| 24 | 236 High St | $1900 | 3 | 1 | 3 mi | |
| 25 | 1056 Forest Ave, Apt 3 | $2800 | 3 | 1 | 1200 | 1 mi |
Projections