REI Lense- Airbnb
- Long-Term
- Mid-Term
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This property might be a fair Long-Term investment with a projected 1.9% first-year return on $47,250 initial cash invested.
Cash On Cash
1.9%
Cap Rate
7.02%
Rent
$1,983
Cashflow
$75
Rent Confidence: High
Annual
$23,796
Median
$1,900
Avg
$1,982
Samples
25
Financing
Purchase Price $225k
Downpayment 20.0%
Interest Rate 6.5%
Mortgage Duration 30yr.
Cash To Invest
Total $47,250
Downpayment 20% $45,000
Closing costs 1% $2,250
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,983
Total Expenses $1,908
Mortgage P&I 58% $1,142
Property Taxes 9% $172
Home Insurance 4% $79
PManagement 10% $198
CapEx 5% $99
Vacancy 6% $119
Maintenance 5% $99
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1333 19th St, # A | $2350 | 3 | 2 | 1593 | 0.5 mi |
| 2 | 814 W Miller St | $2155 | 3 | 2 | 1494 | 1 mi |
| 3 | 1235 19th St | $2500 | 3 | 2 | 1593 | 0.6 mi |
| 4 | 1421 Wilton Ave | $1810 | 3 | 2 | 1600 | 0.7 mi |
| 5 | 1210 W Cypress St | $2125 | 3 | 2 | 1500 | 1.6 mi |
| 6 | 1601 W Miller Ave | $2100 | 3 | 2 | 1376 | 0.6 mi |
| 7 | 799 22nd St | $1925 | 3 | 2 | 1420 | 1.1 mi |
| 8 | 1436 Wilton Ave | $1895 | 3 | 2 | 1368 | 0.7 mi |
| 9 | 1612 28th St | $1800 | 3 | 2 | 1330 | 0.6 mi |
| 10 | 2415 Orange Center Blvd | $2500 | 3 | 2 | 1650 | 1.8 mi |
| 11 | 2769L B Mcleod Rd, Unit D | $1900 | 3 | 2 | 1338 | 1.3 mi |
| 12 | 2769 L B Mcleod Rd, Apt D | $1850 | 3 | 2 | 1338 | 1.3 mi |
| 13 | 2751 L B Mcleod Rd, Apt C | $1774 | 3 | 2 | 1338 | 1.4 mi |
| 14 | 2769 L B Mcleod Rd, Apt C | $1750 | 3 | 2 | 1338 | 1.3 mi |
| 15 | 2773 L B Mcleod Rd, # 2773 | $1850 | 3 | 2 | 1338 | 1.3 mi |
| 16 | 2751L B Mcleod Rd, # 2751A | $1850 | 3 | 2 | 1338 | 1.4 mi |
| 17 | 2507 Reef Ct | $2299 | 3 | 2 | 1718 | 1.5 mi |
| 18 | 609 Indiana St | $1200 | 3 | 2 | 1334 | 1.6 mi |
| 19 | 1122 37th St | $1895 | 3 | 2 | 1340 | 1.6 mi |
| 20 | 3919 Coronation Ct, # 102 | $1500 | 3 | 2.5 | 1540 | 1.8 mi |
| 21 | 1328 Lowrie Ave | $2100 | 3 | 1.5 | 1313 | 0.7 mi |
| 22 | 840 S Parramore Ave | $1795 | 3 | 2 | 1266 | 1.8 mi |
| 23 | 1422 W Kaley St | $2045 | 3 | 2 | 2131 | 0.2 mi |
| 24 | 1422 W Kaley Ave | $2075 | 3 | 2 | 2131 | 0.2 mi |
| 25 | 1234 36th St | $2500 | 3 | 2 | 1203 | 1.5 mi |
Projections