REI Lense- Airbnb
- Long-Term
- Mid-Term
This property might be a fair Long-Term investment with a projected 5.01% first-year return on $35,700 initial cash invested.
Cash On Cash
5.01%
Cap Rate
8.02%
Rent
$1,635
Cashflow
$149
Rent Confidence: High
Annual
$19,620
Median
$1,550
Avg
$1,654
Samples
25
Financing
Purchase Price $170k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $35,700
Downpayment $34,000
Closing costs $1,700
Rehab $0
Furnishing $0
Cashflow
Total Income $1,635
Total Expenses $1,486
Mortgage P&I $905
Property Taxes $95
Home Insurance $60
PManagement $164
CapEx $82
Vacancy $98
Maintenance $82
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1529 Newcastle St | $1600 | 3 | 1 | 980 | 0.3 mi |
| 2 | 1512 Newcastle St | $2500 | 3 | 1 | 980 | 0.4 mi |
| 3 | 1710 Irma St | $1500 | 3 | 1 | 975 | 0.5 mi |
| 4 | 1504 Russell Ave | $1500 | 3 | 1 | 1063 | 0.3 mi |
| 5 | 1350 Mulberry Ave | $1400 | 3 | 1 | 1044 | 0.7 mi |
| 6 | 1809 Irma St | $1445 | 3 | 1 | 1098 | 0.5 mi |
| 7 | 1111 Mona Dr | $1700 | 3 | 1 | 1078 | 1 mi |
| 8 | 2216 Jennings St | $1600 | 3 | 1.5 | 1024 | 0.8 mi |
| 9 | 2011 Holly St | $1750 | 3 | 1 | 850 | 1.1 mi |
| 10 | 1604 Beatties Ford Rd | $1495 | 3 | 1 | 1134 | 1 mi |
| 11 | 1816 Lasalle St | $1585 | 3 | 1 | 1176 | 0.7 mi |
| 12 | 1809 St Paul St | $1690 | 3 | 1.5 | 1100 | 0.5 mi |
| 13 | 1504 Russel Ave | $1500 | 3 | 1 | 0.3 mi | |
| 14 | 2101 St John St | $1450 | 3 | 2 | 1012 | 1 mi |
| 15 | 1700 Heil Pl | $1500 | 3 | 1 | 0.7 mi | |
| 16 | 1017 Holland Ave | $1495 | 3 | 1 | 0.9 mi | |
| 17 | 2019 Holly St | $1500 | 3 | 1 | 1.1 mi | |
| 18 | 2001 Garnette Pl | $2100 | 3 | 2 | 1053 | 0.9 mi |
| 19 | 2609 Montreat St | $1550 | 3 | 1.5 | 1200 | 0.8 mi |
| 20 | 2201 Haines St | $1400 | 3 | 2 | 1104 | 0.8 mi |
| 21 | 1825 Jennings St | $1495 | 3 | 1.5 | 1320 | 0.4 mi |
| 22 | 1900 Haines St | $1695 | 3 | 1.5 | 1325 | 0.6 mi |
| 23 | 1329 Mulberry Ave | $2250 | 3 | 1.5 | 1300 | 0.8 mi |
| 24 | 1434 Orvis St | $1995 | 3 | 2 | 1208 | 0.5 mi |
| 25 | 1528 Jennings St | $1650 | 3 | 2 | 1196 | 0.7 mi |