REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -8.11% first-year return on $60,690 initial cash invested.
Cash On Cash
-8.11%
Cap Rate
5%
Rent
$1,779
Cashflow
-$410
Rent Confidence: High
Annual
$21,348
Median
$1,800
Avg
$1,780
Samples
25
Financing
Purchase Price $289k
Downpayment 20.0%
Interest Rate 6.9%
Mortgage Duration 30yr.
Cash To Invest
Total $60,690
Downpayment 20% $57,800
Closing costs 1% $2,890
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,779
Total Expenses $2,189
Mortgage P&I 86% $1,526
Property Taxes 6% $99
Home Insurance 6% $101
PManagement 10% $178
CapEx 5% $89
Vacancy 6% $107
Maintenance 5% $89
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3140 Brickdale Ln | $1797 | 3 | 1 | 1050 | 1.5 mi |
| 2 | 446 Cornish Dr | $1650 | 3 | 1 | 1100 | 0.8 mi |
| 3 | 430 Ewing Ln | $2195 | 3 | 1 | 950 | 0.4 mi |
| 4 | 432 Ewing Dr, Unit 1 | $1395 | 3 | 1 | 925 | 0.6 mi |
| 5 | 432 Ewing Dr | $1395 | 3 | 1 | 925 | 0.6 mi |
| 6 | 309 Vista Cv | $1295 | 3 | 1 | 925 | 1.1 mi |
| 7 | 3326 Doverside Dr | $2100 | 3 | 1 | 1144 | 1.9 mi |
| 8 | 2706 Old Matthews Rd | $1675 | 3 | 1.5 | 1032 | 2 mi |
| 9 | 3141 Lauren Evelyn Way | $1755 | 3 | 1.5 | 1088 | 2 mi |
| 10 | 2718 Old Matthews Rd | $2150 | 3 | 1.5 | 1000 | 2 mi |
| 11 | 1307 Rock Creek Trce | $1495 | 3 | 2 | 1008 | 0.9 mi |
| 12 | 3205 Crislynndale Dr | $2300 | 3 | 2 | 1082 | 1.5 mi |
| 13 | 3265 Rainwood Dr | $1800 | 3 | 2 | 1074 | 1.7 mi |
| 14 | 3309 Eaglewood Ln | $1795 | 3 | 1 | 1350 | 2 mi |
| 15 | 320 Vailview Dr | $1800 | 3 | 1 | 1340 | 2.3 mi |
| 16 | 3508 Brookway Dr | $1800 | 3 | 2 | 1031 | 2.4 mi |
| 17 | 2808 Old Matthews Rd | $1845 | 3 | 2 | 1025 | 2.2 mi |
| 18 | 3512 Brookway Dr | $1800 | 3 | 2 | 1031 | 2.4 mi |
| 19 | 3514 Brookway Dr | $1800 | 3 | 2 | 1075 | 2.4 mi |
| 20 | 3524 Shady Side Dr | $2000 | 3 | 2 | 1118 | 1.8 mi |
| 21 | 3505 Brookway Dr | $1740 | 3 | 2 | 1010 | 2.3 mi |
| 22 | 3507 Brookway Dr | $1800 | 3 | 2 | 1100 | 2.3 mi |
| 23 | 3409 Meadow Ct | $1295 | 3 | 1.5 | 1250 | 2.4 mi |
| 24 | 2861 Old Matthews Rd | $1920 | 3 | 2 | 1120 | 2.5 mi |
| 25 | 212 Trailway Cir | $1900 | 3 | 2 | 1144 | 2.2 mi |
Projections