REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -8.12% first-year return on $88,200 initial cash invested.
Cash On Cash
-8.12%
Cap Rate
5.09%
Rent
$2,904
Cashflow
-$597
Rent Confidence: High
Annual
$34,848
Median
$2,800
Avg
$2,877
Samples
25
Financing
Purchase Price $420k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $88,200
Downpayment 20% $84,000
Closing costs 1% $4,200
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,904
Total Expenses $3,501
Mortgage P&I 77% $2,235
Property Taxes 13% $365
Home Insurance 5% $147
PManagement 10% $290
CapEx 5% $145
Vacancy 6% $174
Maintenance 5% $145
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 18 Jackson St | $2950 | 3 | 1.5 | 1400 | 0.3 mi |
| 2 | 14 Just A Mere Rd | $4000 | 3 | 1 | 1400 | 4.1 mi |
| 3 | 588 Ocean Ave | $1200 | 3 | 1 | 1600 | 3.3 mi |
| 4 | 105 Dartmouth-furnished St, Unit 1 | $3700 | 3 | 1 | 1400 | 5.3 mi |
| 5 | 185 Ray St | $2065 | 3 | 1 | 1100 | 2 mi |
| 6 | 1375 Forest Ave, # 2 | $2166 | 3 | 1 | 1100 | 2.5 mi |
| 7 | 105 Dartmouth St, Fl 2 | $2850 | 3 | 1 | 1500 | 5.3 mi |
| 8 | 22 Bailey Ave | $1750 | 3 | 1 | 2.5 mi | |
| 9 | 1056 Forest Avenue-1056 Forest Ave, Apt 1 | $2750 | 3 | 1 | 3.3 mi | |
| 10 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 3.1 mi |
| 11 | 21 Mayfield St, # 2 | $3000 | 3 | 2 | 1300 | 3.1 mi |
| 12 | 700 Ocean Ave, Unit 2 | $2500 | 3 | 1 | 1000 | 3.1 mi |
| 13 | 81 Depot Rd, # 1 | $4000 | 3 | 2 | 1433 | 4.3 mi |
| 14 | 14 Depot Rd, Apt 3 | $2800 | 3 | 2 | 1400 | 4.7 mi |
| 15 | 22 Hawthorne St, Unit 1 | $3200 | 3 | 1 | 4.1 mi | |
| 16 | 143 Lane Ave | $2850 | 3 | 1 | 960 | 3.1 mi |
| 17 | 14 Depot Rd, Apt 2 | $2800 | 3 | 2 | 1380 | 4.7 mi |
| 18 | 523 Washington Ave, # 523-2 | $2688 | 3 | 1 | 4.3 mi | |
| 19 | 219 Halidon St | $3500 | 3 | 1 | 1100 | 5 mi |
| 20 | 56 Chenery St | $3670 | 3 | 2 | 1494 | 4.4 mi |
| 21 | 529 Washington Ave, Apt 3 | $2495 | 3 | 1 | 964 | 4.3 mi |
| 22 | 157 Wolcott St | $2800 | 3 | 1 | 1092 | 5.7 mi |
| 23 | 181 Carlson St | $3595 | 3 | 2 | 1650 | 4.1 mi |
| 24 | 523 Washington Ave | $2995 | 3 | 1 | 925 | 4.3 mi |
| 25 | 100 Bolton St | $2800 | 3 | 1.5 | 1200 | 5.9 mi |
Projections