REI Lense- Airbnb
- Long-Term
- Mid-Term
This property might be a fair Long-Term investment with a projected 5.61% first-year return on $23,100 initial cash invested.
Cash On Cash
5.61%
Cap Rate
8.26%
Rent
$1,289
Cashflow
$108
Rent Confidence: High
Annual
$15,468
Median
$1,250
Avg
$1,290
Samples
25
Financing
Purchase Price $110k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $23,100
Downpayment $22,000
Closing costs $1,100
Rehab $0
Furnishing $0
Cashflow
Total Income $1,289
Total Expenses $1,181
Mortgage P&I $585
Property Taxes $224
Home Insurance $38
PManagement $129
CapEx $64
Vacancy $77
Maintenance $64
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2603 Volga Ave | $1400 | 2 | 1 | 812 | 0.2 mi |
| 2 | 2644 Kathleen Ave | $1525 | 2 | 1 | 828 | 0.2 mi |
| 3 | 2636 Volga Ave | $1300 | 2 | 1 | 828 | 0.3 mi |
| 4 | 2654 Volga Ave | $1700 | 2 | 1 | 828 | 0.3 mi |
| 5 | 2812 Canary Dr | $1400 | 2 | 1 | 812 | 0.7 mi |
| 6 | 2918 Bardwell Ave | $1200 | 2 | 1 | 783 | 0.8 mi |
| 7 | 2528 Lea Crest Dr | $1250 | 2 | 1 | 840 | 0.3 mi |
| 8 | 3119 Beauchamp Ave | $1100 | 2 | 1 | 776 | 1.4 mi |
| 9 | 2755 E Ledbetter Dr, Unit C5 | $1079 | 2 | 1 | 796 | 2 mi |
| 10 | 3550 E Overton Rd, Unit C2 | $1064 | 2 | 1 | 790 | 2.2 mi |
| 11 | 3550 E Overton Rd, Unit C1 | $1084 | 2 | 1 | 807 | 2.2 mi |
| 12 | 2755 E Ledbetter Dr, Unit C4 | $1079 | 2 | 1 | 816 | 2 mi |
| 13 | 2755 E Ledbetter Dr, Unit C6 | $1064 | 2 | 1 | 777 | 2 mi |
| 14 | 3330 Utah Ave | $1250 | 2 | 1 | 792 | 2.3 mi |
| 15 | 2755 E Ledbetter Dr, Unit C3 | $1079 | 2 | 1 | 825 | 2 mi |
| 16 | 2781 Moffatt Ave | $1200 | 2 | 1 | 720 | 1.2 mi |
| 17 | 2755 E Ledbetter Dr, Unit C7 | $1064 | 2 | 1 | 756 | 2 mi |
| 18 | 2755 E Ledbetter Dr, Unit C8 | $1064 | 2 | 1 | 752 | 2 mi |
| 19 | 3314 Maryland Ave | $1460 | 2 | 1 | 855 | 2.6 mi |
| 20 | 1614 Mentor Ave | $1695 | 2 | 1 | 720 | 2.4 mi |
| 21 | 2755 E Ledbetter Dr, Unit C1 | $1188 | 2 | 1.5 | 856 | 2 mi |
| 22 | 3608 S Marsalis Ave | $1350 | 2 | 1 | 907 | 2.8 mi |
| 23 | 1003 Bonnie View Rd | $1850 | 2 | 1 | 884 | 3.3 mi |
| 24 | 2842 Harlandale Ave | $1350 | 2 | 1 | 960 | 2.2 mi |
| 25 | 1508 Lynn Haven Ave | $1450 | 2 | 1 | 912 | 2.9 mi |