REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -1.72% first-year return on $48,720 initial cash invested.
Cash On Cash
-1.72%
Cap Rate
6.31%
Rent
$1,871
Cashflow
-$70
Rent Confidence: High
Annual
$22,452
Median
$1,900
Avg
$1,872
Samples
25
Financing
Purchase Price $232k
Downpayment 20.0%
Interest Rate 6.7%
Mortgage Duration 30yr.
Cash To Invest
Total $48,720
Downpayment 20% $46,400
Closing costs 1% $2,320
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,871
Total Expenses $1,941
Mortgage P&I 64% $1,196
Property Taxes 8% $147
Home Insurance 4% $81
HOA 2% $30
PManagement 10% $187
CapEx 5% $94
Vacancy 6% $112
Maintenance 5% $94
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2443 Morlynn Dr | $2200 | 3 | 2 | 1287 | 0.2 mi |
| 2 | 2503 Morlynn Dr | $2200 | 3 | 2 | 1300 | 0.5 mi |
| 3 | 217 Stonebridge Dr | $1800 | 3 | 2 | 1275 | 1 mi |
| 4 | 114 Butkus Dr | $1680 | 3 | 2 | 1302 | 1 mi |
| 5 | 133 Point Break Dr | $1400 | 3 | 2 | 1169 | 1.4 mi |
| 6 | 113 Butkus Dr, Unit 3 | $1650 | 3 | 2 | 1300 | 1.1 mi |
| 7 | 113 Butkus Dr | $1550 | 3 | 2 | 1302 | 1.1 mi |
| 8 | 3747 Spruce Dr | $2000 | 3 | 2 | 1220 | 2.9 mi |
| 9 | 1145 Peace Pipe Pl | $1495 | 3 | 2 | 1225 | 3 mi |
| 10 | 1133 Peace Pipe Pl | $1550 | 3 | 2 | 1201 | 3.1 mi |
| 11 | 1133 Peace Pipe Pl, Unit 201 | $1550 | 3 | 2 | 1201 | 3.1 mi |
| 12 | 801 Pafko St, Unit 801 | $2000 | 3 | 2 | 1416 | 1.3 mi |
| 13 | 1145 Peace Pipe Pl, Unit 101 | $1675 | 3 | 2 | 1175 | 3 mi |
| 14 | 1109 Peace Pipe Pl, Unit 3-204 | $1900 | 3 | 2 | 1252 | 3.2 mi |
| 15 | 3923 Spruce Dr | $1950 | 3 | 1.5 | 1227 | 2.1 mi |
| 16 | 1141 Peace Pipe Pl | $1700 | 3 | 2 | 1275 | 3 mi |
| 17 | 3560 Evergreen Dr | $2200 | 3 | 2 | 1324 | 2.6 mi |
| 18 | 691 Tidal Point Ln | $2000 | 3 | 2 | 1309 | 3.1 mi |
| 19 | 1208 Rosehaven Dr, Unit B | $1950 | 3 | 2 | 1200 | 4 mi |
| 20 | 720 Bucklin Loop | $2250 | 3 | 2 | 1237 | 4 mi |
| 21 | 1208 Rosehaven Dr | $2200 | 3 | 2 | 1200 | 4 mi |
| 22 | 800 Dunoway Ct | $2000 | 3 | 2 | 1300 | 3.3 mi |
| 23 | 3560 Evergreen Way | $2200 | 3 | 2 | 1388 | 2.6 mi |
| 24 | 644 Pelican Ave | $1800 | 3 | 1.5 | 1227 | 2.9 mi |
| 25 | 523 Hobie Cat Rd | $1900 | 3 | 2 | 1352 | 3 mi |
Projections