REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -2.04% first-year return on $44,100 initial cash invested.
Cash On Cash
-2.04%
Cap Rate
6.42%
Rent
$1,606
Cashflow
-$75
Rent Confidence: High
Annual
$19,272
Median
$1,650
Avg
$1,627
Samples
25
Financing
Purchase Price $210k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $44,100
Downpayment 20% $42,000
Closing costs 1% $2,100
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,606
Total Expenses $1,681
Mortgage P&I 70% $1,118
Property Taxes 4% $72
Home Insurance 5% $74
PManagement 10% $161
CapEx 5% $80
Vacancy 6% $96
Maintenance 5% $80
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2613 Truman Ave | $1195 | 3 | 1 | 1000 | 0.9 mi |
| 2 | 2006 Flagler Rd | $1199 | 3 | 1 | 900 | 2.7 mi |
| 3 | 3945 Greenleaf Ave | $1850 | 3 | 1 | 968 | 2.1 mi |
| 4 | 1321 Brookside Ave | $1700 | 3 | 1 | 966 | 2.8 mi |
| 5 | 1818 Kim Watt Dr | $1800 | 3 | 1 | 1150 | 1.4 mi |
| 6 | 1712 Vada Cir | $1750 | 3 | 1 | 1056 | 2.6 mi |
| 7 | 1417 Lantana Ln | $1850 | 3 | 1.5 | 864 | 2.4 mi |
| 8 | 934 Ohio Ave | $1595 | 3 | 1.5 | 968 | 2.7 mi |
| 9 | 1316 New York Ave | $1700 | 3 | 1 | 1122 | 2.3 mi |
| 10 | 2201 Buick St | $1600 | 3 | 1 | 1248 | 1.1 mi |
| 11 | 3115 Johnston St | $1800 | 3 | 1 | 1092 | 2.8 mi |
| 12 | 1814 Reynolds St | $1500 | 3 | 1 | 2.1 mi | |
| 13 | 4209 Van Dyke Dr | $2250 | 3 | 2 | 1000 | 2.1 mi |
| 14 | 1232 W Baxter Ave | $1300 | 3 | 1 | 1200 | 3 mi |
| 15 | 3112 Deer Lake Dr | $1995 | 3 | 1.5 | 1068 | 3.1 mi |
| 16 | 1334 Delaware Ave | $1850 | 3 | 1 | 1328 | 2.3 mi |
| 17 | 1219 Vermont Ave | $1650 | 3 | 2 | 1008 | 2.5 mi |
| 18 | 2718 Chillicothe St | $1400 | 2 | 1 | 930 | 0.6 mi |
| 19 | 2415 Piedmont St, Apt 2 | $995 | 1 | 0.2 mi | ||
| 20 | 2607 Piedmont St | $1350 | 2 | 1 | 864 | 0.4 mi |
| 21 | 1417 Lantana Ln NW | $1650 | 3 | 1.5 | 1200 | 2.4 mi |
| 22 | 5313 Montwood Dr | $1800 | 3 | 2 | 1008 | 3.1 mi |
| 23 | 606 Renford Rd | $1595 | 3 | 2 | 1054 | 2.5 mi |
| 24 | 2911 Denson Ave, # 1 | $1450 | 2 | 1 | 865 | 0.9 mi |
| 25 | 228 Douglas Ave | $1850 | 3 | 2 | 1040 | 3.2 mi |
Projections