REI Lense- Airbnb
- Long-Term
- Mid-Term
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This property might be a fair Long-Term investment with a projected 6.5% first-year return on $33,579 initial cash invested.
Cash On Cash
6.5%
Cap Rate
8.4%
Rent
$1,711
Cashflow
$182
Rent Confidence: High
Annual
$20,532
Median
$1,660
Avg
$1,710
Samples
25
Financing
Purchase Price $160k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $33,579
Downpayment 20% $31,980
Closing costs 1% $1,599
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,711
Total Expenses $1,529
Mortgage P&I 50% $851
Property Taxes 10% $176
Home Insurance 3% $56
PManagement 10% $171
CapEx 5% $86
Vacancy 6% $103
Maintenance 5% $86
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 364 Betsy Ave SW | $1600 | 3 | 2 | 1096 | 0.8 mi |
| 2 | 2164 Martin Luther King Jr Dr SW | $1495 | 3 | 2 | 1131 | 0.4 mi |
| 3 | 354 Henry Aaron Ave SW | $1995 | 3 | 2 | 1113 | 0.8 mi |
| 4 | 232 Hamilton E Holmes Dr NW | $2200 | 3 | 2 | 1100 | 1.3 mi |
| 5 | 2690 Burton Rd NW | $1660 | 3 | 2 | 1056 | 1.2 mi |
| 6 | 166 Sewanee Ave NW | $1500 | 3 | 2 | 1040 | 1 mi |
| 7 | 243 Peyton Pl SW | $1650 | 3 | 2 | 1134 | 1.2 mi |
| 8 | 1846 Oakmont Dr NW | $1695 | 3 | 2 | 1088 | 1.9 mi |
| 9 | 2040 Morehouse Dr NW | $1195 | 3 | 2 | 1066 | 1.6 mi |
| 10 | 2166 Martin Luther King Jr Dr SW | $2200 | 3 | 1.5 | 1080 | 0.4 mi |
| 11 | 2350 Beach Way SW | $1700 | 3 | 1.5 | 1107 | 0.1 mi |
| 12 | 2221 Larchwood Rd SW | $2600 | 3 | 2 | 1209 | 0.5 mi |
| 13 | 2746 Burton Rd NW | $1650 | 3 | 2 | 1000 | 1.4 mi |
| 14 | 2157 Penelope St NW | $1900 | 3 | 1.5 | 1092 | 1 mi |
| 15 | 2002 Chicago Ave NW | $1900 | 3 | 2 | 1136 | 2 mi |
| 16 | 250 Hamilton E Holmes Dr NW, Unit A | $1900 | 3 | 2 | 1200 | 1.4 mi |
| 17 | 315 Brooks Ave SW | $1745 | 3 | 2 | 1282 | 0.6 mi |
| 18 | 2674 Santa Barbara Dr NW | $1750 | 3 | 2 | 1152 | 2 mi |
| 19 | 341 Henry Aaron Ave SW | $1495 | 3 | 1.5 | 1140 | 0.8 mi |
| 20 | 179 Peyton Pl SW | $1450 | 3 | 1.5 | 1134 | 1.2 mi |
| 21 | 243 Peyton Pl SW, Unit 243 | $1525 | 3 | 1.5 | 1134 | 1.2 mi |
| 22 | 61 Peyton Pl SW | $1195 | 3 | 1.5 | 1134 | 1.2 mi |
| 23 | 2602 Godfrey Dr NW | $1895 | 3 | 2 | 1250 | 1.3 mi |
| 24 | 115 Peyton Pl SW | $1400 | 3 | 1.5 | 1134 | 1.1 mi |
| 25 | 450 Westmeath Dr SW | $1450 | 3 | 2 | 1200 | 1.9 mi |
Projections