REI Lense- Airbnb
- Long-Term
- Mid-Term
This property could be a profitable Long-Term investment with a projected 10.37% first-year return on $20,475 initial cash invested.
Cash On Cash
10.37%
Cap Rate
8.95%
Rent
$1,098
Cashflow
$177
Rent Confidence: High
Annual
$13,176
Median
$1,071
Avg
$1,097
Samples
25
Financing
Purchase Price $97,500
Downpayment 20.0%
Interest Rate 6.5%
Mortgage Duration 30yr.
Cash To Invest
Total $20,475
Downpayment $19,500
Closing costs $975
Rehab $0
Furnishing $0
Cashflow
Total Income $1,098
Total Expenses $921
Mortgage P&I $495
Property Taxes $106
Home Insurance $34
PManagement 10% $110
CapEx 5% $55
Vacancy 6% $66
Maintenance 5% $55
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1609 E 9th St | $1350 | 2 | 1 | 850 | 0.3 mi |
| 2 | 1611 E 9th St | $1350 | 2 | 1 | 850 | 0.3 mi |
| 3 | 1958 Phoenix Ave | $1100 | 2 | 1 | 860 | 1 mi |
| 4 | 1658 Winthrop St | $924 | 2 | 1 | 775 | 0.2 mi |
| 5 | 1656 Winthrop St | $925 | 2 | 1 | 775 | 0.2 mi |
| 6 | 1658 Winthrop St, Unit 1658 | $924 | 2 | 1 | 775 | 0.2 mi |
| 7 | 435 Springfield Ct N | $1100 | 2 | 1 | 950 | 1.9 mi |
| 8 | 449 Springfield Ct N | $1071 | 2 | 1 | 952 | 1.9 mi |
| 9 | 1831 Lambert St | $990 | 2 | 1 | 775 | 0.2 mi |
| 10 | 1550 Marshall St | $1100 | 2 | 1 | 862 | 1.8 mi |
| 11 | 1829 Lambert St | $1100 | 2 | 1 | 770 | 0.2 mi |
| 12 | 1739 Walnut St, Apt 1 | $1175 | 2 | 1 | 975 | 1.6 mi |
| 13 | 1215 Florida Ave | $1175 | 2 | 1 | 836 | 1.5 mi |
| 14 | 1833 Hubbard St, Unit D | $1200 | 2 | 1 | 864 | 2.1 mi |
| 15 | 1833 Hubbard St, # 1 | $975 | 2 | 1 | 864 | 2.1 mi |
| 16 | 1833 Hubbard St | $975 | 2 | 1 | 864 | 2.1 mi |
| 17 | 1833 Hubbard St, # 2 | $1000 | 2 | 1 | 864 | 2.1 mi |
| 18 | 1979 Brackland St | $900 | 2 | 1 | 749 | 0.1 mi |
| 19 | 1739 Walnut St, Apt 3 | $1295 | 2 | 1 | 1000 | 1.6 mi |
| 20 | 2034 Walnut St | $1050 | 2 | 1 | 1000 | 1.6 mi |
| 21 | 1739 Walnut St, Apt 2 | $1450 | 2 | 1 | 1015 | 1.6 mi |
| 22 | 1225 E 14th St | $1050 | 2 | 1 | 775 | 0.9 mi |
| 23 | 1739 Walnut St, Apt 4 | $1450 | 2 | 1 | 1015 | 1.7 mi |
| 24 | 1924 E 25th St | $900 | 2 | 1 | 800 | 1.5 mi |
| 25 | 3424 Talleyrand Ave, Unit Apartment | $900 | 2 | 1 | 800 | 1.5 mi |