REI Lense- Airbnb
- Long-Term
- Mid-Term
This property could be a profitable Long-Term investment with a projected 12.29% first-year return on $41,790 initial cash invested.
Cash On Cash
12.29%
Cap Rate
9.64%
Rent
$2,249
Cashflow
$428
Rent Confidence: High
Annual
$26,988
Median
$2,300
Avg
$2,249
Samples
25
Financing
Purchase Price $199k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $41,790
Downpayment $39,800
Closing costs $1,990
Rehab $0
Furnishing $0
Cashflow
Total Income $2,249
Total Expenses $1,821
Mortgage P&I $1,059
Property Taxes $108
Home Insurance $70
PManagement $225
CapEx $112
Vacancy $135
Maintenance $112
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 102 Estelle Park Dr | $2600 | 3 | 2 | 1312 | 0.5 mi |
| 2 | 117 Estelle Park Dr | $2495 | 3 | 2 | 1335 | 0.6 mi |
| 3 | 121 Estelle Park Dr | $2395 | 3 | 2 | 1420 | 0.6 mi |
| 4 | 59 Johnston Blvd | $2300 | 3 | 2 | 1232 | 0.8 mi |
| 5 | 14 Friendly Holw | $2200 | 3 | 2 | 1168 | 0.9 mi |
| 6 | 9 Teakwood Pl | $2800 | 3 | 2 | 1734 | 0.9 mi |
| 7 | 3 Dadoo Dr | $1995 | 3 | 2 | 1653 | 1 mi |
| 8 | 12 Guinevere Ct | $2300 | 3 | 2 | 1350 | 1 mi |
| 9 | 40 Deaver Park Cir | $1750 | 3 | 2 | 1175 | 1 mi |
| 10 | 104 Appalachian Way | $2195 | 3 | 2 | 1280 | 1 mi |
| 11 | 33 King Arthur Pl | $1700 | 3 | 2 | 1 mi | |
| 12 | 9 Alex Breeze Way | $1850 | 3 | 2 | 1261 | 1.1 mi |
| 13 | 1460 Patton Ave Apt B | $1950 | 3 | 2 | 1450 | 1.1 mi |
| 14 | 4 Rosemary Rd | $2495 | 3 | 2 | 1100 | 1.1 mi |
| 15 | 25 Evelake Dr | $1750 | 3 | 2 | 1.2 mi | |
| 16 | 214 Providence Rd | $2100 | 3 | 2 | 1.3 mi | |
| 17 | 18 Laurel Loop | $2700 | 3 | 2 | 1100 | 1.4 mi |
| 18 | 10 Spring Dr | $3000 | 3 | 2 | 1.5 mi | |
| 19 | 36 Delaware Rd | $1995 | 3 | 2 | 1.5 mi | |
| 20 | 45 Oak Hill Dr | $2400 | 3 | 2 | 1162 | 1.5 mi |
| 21 | 10 Jack Nelson Ct | $950 | 3 | 2 | 1.5 mi | |
| 22 | 46 Mitchell Ave | $3200 | 3 | 2 | 1487 | 1.5 mi |
| 23 | 42 Robinwood Ave | $2400 | 3 | 2 | 1140 | 1.6 mi |
| 24 | 100 Pace Ln | $2100 | 3 | 2 | 1337 | 1.6 mi |
| 25 | 110 Owens Creek Rd | $2598 | 3 | 2 | 1499 | 1.6 mi |