REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -14.73% first-year return on $81,039 initial cash invested.
Cash On Cash
-14.73%
Cap Rate
3.61%
Rent
$2,064
Cashflow
-$995
Rent Confidence: High
Annual
$24,768
Median
$1,988
Avg
$2,064
Samples
25
Financing
Purchase Price $386k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $81,039
Downpayment 20% $77,180
Closing costs 1% $3,859
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,064
Total Expenses $3,059
Mortgage P&I 100% $2,054
Property Taxes 16% $334
Home Insurance 7% $135
PManagement 10% $206
CapEx 5% $103
Vacancy 6% $124
Maintenance 5% $103
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 183 Frances St, Unit 1 | $2300 | 2 | 1 | 760 | 2.4 mi |
| 2 | 1375 Forest Ave, # 5 | $1616 | 2 | 1 | 825 | 2.4 mi |
| 3 | 942 Washington Ave | $2800 | 2 | 1 | 750 | 3.7 mi |
| 4 | 812 Congress St, Apt 2 | $2192 | 2 | 1 | 750 | 4.1 mi |
| 5 | 14B Carriage Ln | $1895 | 2 | 1 | 850 | 2.7 mi |
| 6 | 100 Forest Park, # 2 | $1713 | 2 | 1 | 700 | 3.3 mi |
| 7 | 100 Forest Park, # F4 | $1777 | 2 | 1 | 700 | 3.3 mi |
| 8 | 100 Forest Park, # F1 | $1988 | 2 | 1 | 700 | 3.3 mi |
| 9 | 100 Forest Park, # F3 | $1960 | 2 | 1 | 700 | 3.3 mi |
| 10 | 100 Forest Park, # 4 | $1860 | 2 | 1 | 700 | 3.3 mi |
| 11 | 245 Brighton Ave, Unit 3 | $2500 | 2 | 1 | 886 | 2.6 mi |
| 12 | 65 Johansen St | $2050 | 2 | 1 | 720 | 4.2 mi |
| 13 | 61 Johansen St | $1870 | 2 | 1 | 720 | 4.2 mi |
| 14 | 50 Austin St, Apt 14 | $2400 | 2 | 1 | 867 | 3.2 mi |
| 15 | 10 Beacon St, # 6 | $2600 | 2 | 1 | 920 | 2.6 mi |
| 16 | 34 Knight St, Apt 2 | $1861 | 2 | 1 | 680 | 3.6 mi |
| 17 | 27-29 Rosemont Ave | $1950 | 2 | 1 | 1.4 mi | |
| 18 | 57 Glenridge Dr | $2250 | 2 | 1.5 | 946 | 0.8 mi |
| 19 | 1500 Forest Ave | $1595 | 2 | 1 | 950 | 2.4 mi |
| 20 | 221 Woodford St, Apt 4 | $1550 | 2 | 1 | 600 | 2.3 mi |
| 21 | 1500 Forest Ave, Apt 1A | $1650 | 2 | 1 | 950 | 2.4 mi |
| 22 | 1375 Forest Ave, Apt B05 | $2224 | 2 | 1 | 950 | 2.5 mi |
| 23 | 140 North St, Unit 1 | $2200 | 2 | 1 | 840 | 4.1 mi |
| 24 | 55 Pitt St, Apt 6 | $2400 | 2 | 1 | 900 | 3.2 mi |
| 25 | 630 Main St, Apt 203 | $2400 | 2 | 1 | 900 | 3.3 mi |
Projections