REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -12.72% first-year return on $63,000 initial cash invested.
Cash On Cash
-12.72%
Cap Rate
4.2%
Rent
$2,444
Cashflow
-$668
Rent Confidence: High
Annual
$29,328
Median
$2,400
Avg
$2,443
Samples
25
Financing
Purchase Price $300k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $63,000
Downpayment 20% $60,000
Closing costs 1% $3,000
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,444
Total Expenses $3,112
Mortgage P&I 65% $1,597
Property Taxes 32% $775
Home Insurance 4% $105
PManagement 10% $244
CapEx 5% $122
Vacancy 6% $147
Maintenance 5% $122
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 4204 Glomar Ave | $2595 | 3 | 2 | 1064 | 0.5 mi |
| 2 | 1313 Delano St, Apt A | $2100 | 3 | 2 | 1000 | 1.1 mi |
| 3 | 1711 Deloney St, Unit 1 | $3400 | 3 | 2 | 1068 | 0.9 mi |
| 4 | 5112 Heflin Ln | $2400 | 3 | 2 | 960 | 0.8 mi |
| 5 | 1703 Perez St, Unit 2 | $2800 | 3 | 2 | 1088 | 0.8 mi |
| 6 | Ribbecke Ave | $2100 | 3 | 2 | 1120 | 0.5 mi |
| 7 | 1709 J J Seabrook Dr | $2500 | 3 | 2 | 1118 | 0.5 mi |
| 8 | 4615 Ribbecke Ave | $2100 | 3 | 2 | 1120 | 0.5 mi |
| 9 | 1900 Webberville Rd | $2100 | 3 | 2 | 1104 | 0.8 mi |
| 10 | 1802 Webberville Rd | $2550 | 3 | 2 | 1114 | 0.7 mi |
| 11 | 5400 Downs Dr | $2400 | 3 | 2 | 1104 | 0.9 mi |
| 12 | 1800 Celeste Cir | $2350 | 3 | 1.5 | 1059 | 0.3 mi |
| 13 | 5104 Woodmoor Dr | $2900 | 3 | 2 | 1141 | 0.9 mi |
| 14 | 4801 Bundyhill Dr | $2300 | 3 | 2 | 1144 | 1 mi |
| 15 | 3824 E 16th St | $3000 | 3 | 2 | 1170 | 0.7 mi |
| 16 | 4602 Broadhill Dr | $1975 | 3 | 1.5 | 1056 | 0.8 mi |
| 17 | 1619 J J Seabrook Dr | $2750 | 3 | 2 | 1198 | 0.6 mi |
| 18 | 1406 Waldorf Ave, Unit 1 | $2900 | 3 | 2 | 1210 | 0.6 mi |
| 19 | 3313 Touchstone St | $1995 | 3 | 2 | 1217 | 0.6 mi |
| 20 | 4809 Bundyhill Dr | $2200 | 3 | 2 | 1178 | 1.1 mi |
| 21 | 1803 J J Seabrook Dr | $2900 | 3 | 2 | 1232 | 0.5 mi |
| 22 | 1400 N Redondo Dr | $2450 | 3 | 2 | 1249 | 0.5 mi |
| 23 | 1406 N Redondo Dr | $1999 | 3 | 1 | 1050 | 0.4 mi |
| 24 | 4709 Leslie Ave | $2200 | 3 | 1 | 1064 | 0.4 mi |
| 25 | 5002 Lott Ave | $2100 | 3 | 1 | 1008 | 1 mi |
Projections