REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -11.35% first-year return on $62,475 initial cash invested.
Cash On Cash
-11.35%
Cap Rate
4.34%
Rent
$1,660
Cashflow
-$591
Rent Confidence: High
Annual
$19,920
Median
$1,700
Avg
$1,634
Samples
25
Financing
Purchase Price $298k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $62,475
Downpayment 20% $59,500
Closing costs 1% $2,975
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,660
Total Expenses $2,251
Mortgage P&I 95% $1,583
Property Taxes 8% $132
Home Insurance 6% $104
PManagement 10% $166
CapEx 5% $83
Vacancy 6% $100
Maintenance 5% $83
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 20 Mountain View Rd | $1950 | 2 | 1 | 924 | 1.7 mi |
| 2 | 431 Governors View Rd | $1800 | 2 | 1 | 864 | 0.9 mi |
| 3 | 17 Grassy Park Dr | $995 | 2 | 1 | 900 | 1.5 mi |
| 4 | 6 Dogwood Ct, Apt D | $1700 | 2 | 1 | 920 | 2 mi |
| 5 | 6 Dogwood Ct, Apt A | $1700 | 2 | 1 | 920 | 2 mi |
| 6 | 397 New Haw Creek Rd, Apt D | $1400 | 2 | 1 | 900 | 1.9 mi |
| 7 | 144 Maxwell Rd, # A | $1995 | 2 | 1 | 855 | 1.7 mi |
| 8 | 45 Browndale Rd | $1500 | 2 | 1 | 768 | 0.5 mi |
| 9 | 84 Oteen Church Rd | $2100 | 2 | 1 | 776 | 0.6 mi |
| 10 | 13 Sayles Rd, Unit A | $1395 | 2 | 1 | 1200 | 2.7 mi |
| 11 | 901 Tunnel Rd | $1700 | 2 | 1 | 1.1 mi | |
| 12 | 142 Rocking Porch Rdg | $1700 | 2 | 1.5 | 1000 | 2.8 mi |
| 13 | 90 Pershing Rd | $1895 | 2 | 1 | 838 | 2 mi |
| 14 | 4 Avon Rd, Unit 4B | $1195 | 2 | 1 | 1.3 mi | |
| 15 | 8A Mountain View Rd, Unit A | $1200 | 2 | 1 | 1.7 mi | |
| 16 | 4110 Verde Vista Cir, Unit Victoria | $1705 | 2 | 2 | 1070 | 2.4 mi |
| 17 | 195 Governors View Rd | $1550 | 2 | 1 | 762 | 1.6 mi |
| 18 | 4110 Verde Vista Cir, Unit Verona | $1791 | 2 | 2 | 1075 | 2.4 mi |
| 19 | 51 Maple Dr | $1800 | 2 | 1 | 850 | 2.9 mi |
| 20 | 116-2 Arnold Rd | $1550 | 2 | 2 | 912 | 0.9 mi |
| 21 | 2B Gash Farm Rd | $1400 | 2 | 2 | 956 | 1.5 mi |
| 22 | 141 Rocking Porch Rdg | $1600 | 2 | 2 | 1035 | 2.8 mi |
| 23 | 305 Stevens Ln | $1800 | 2 | 1 | 787 | 2.2 mi |
| 24 | 307 Stevens Ln | $1625 | 2 | 1 | 784 | 2.2 mi |
| 25 | 303 Stevens Ln | $1800 | 2 | 1 | 784 | 2.2 mi |
Projections