REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -2.23% first-year return on $45,150 initial cash invested.
Cash On Cash
-2.23%
Cap Rate
6.35%
Rent
$1,622
Cashflow
-$84
Rent Confidence: High
Annual
$19,464
Median
$1,670
Avg
$1,623
Samples
25
Financing
Purchase Price $215k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $45,150
Downpayment 20% $43,000
Closing costs 1% $2,150
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,622
Total Expenses $1,706
Mortgage P&I 70% $1,141
Property Taxes 4% $69
Home Insurance 5% $75
PManagement 10% $162
CapEx 5% $81
Vacancy 6% $97
Maintenance 5% $81
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2222 Mcknight Mill Rd | $1400 | 3 | 1.5 | 1358 | 1.1 mi |
| 2 | 3400 Dickerson Ln | $1545 | 3 | 1.5 | 1303 | 1.5 mi |
| 3 | 1707 Twain Rd | $1300 | 3 | 1 | 1226 | 2.3 mi |
| 4 | 3816 Clay St | $1750 | 3 | 2 | 1352 | 0.5 mi |
| 5 | 414 Hidden Brook Ln, Unit 414 | $1695 | 3 | 2 | 1500 | 0.9 mi |
| 6 | 3612 Markham Rd | $1540 | 3 | 2 | 1398 | 1.3 mi |
| 7 | 3307 Amos Dr | $1551 | 3 | 1 | 1200 | 2.5 mi |
| 8 | 2128 Mcknight Mill Rd | $1250 | 3 | 1 | 1.2 mi | |
| 9 | 2703 Candlenut Rd | $2000 | 3 | 2 | 1479 | 1.9 mi |
| 10 | 3225 Summit Ave | $1315 | 3 | 1 | 1118 | 2.2 mi |
| 11 | 2909 Desmond Woods Dr | $2080 | 3 | 2.5 | 1407 | 0.8 mi |
| 12 | 3402 Summit Ave | $1100 | 3 | 1 | 2 mi | |
| 13 | 3 Landry Ct | $1675 | 3 | 2 | 1472 | 2.3 mi |
| 14 | 3921 Miller Dr | $1765 | 3 | 2.5 | 1405 | 1.1 mi |
| 15 | 2523 Wheatfield Dr | $1795 | 3 | 2.5 | 1456 | 1 mi |
| 16 | 1500 20th St | $1500 | 3 | 1 | 1150 | 3 mi |
| 17 | 3929 Miller Dr | $1845 | 3 | 2.5 | 1401 | 1.1 mi |
| 18 | 4406 Southern Webbing Mill Rd, # 1 | $1395 | 3 | 1 | 1010 | 1.6 mi |
| 19 | 4727 Holders Rd | $1650 | 3 | 2 | 1572 | 1.6 mi |
| 20 | 4008 Cocklereece Dr | $1745 | 3 | 2 | 1220 | 0.8 mi |
| 21 | 4538 Holland Rd | $1690 | 3 | 2.5 | 1456 | 1.2 mi |
| 22 | 9 Hillrise Ct | $2000 | 3 | 2.5 | 1500 | 0.9 mi |
| 23 | 4518 Holland Rd | $1670 | 3 | 2.5 | 1489 | 1.1 mi |
| 24 | 3517 Hirank Ct | $1775 | 3 | 2 | 1347 | 2.6 mi |
| 25 | 3210 Harte Pl | $1550 | 3 | 2 | 1348 | 2.6 mi |
Projections