REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -3.22% first-year return on $58,590 initial cash invested.
Cash On Cash
-3.22%
Cap Rate
6.15%
Rent
$2,064
Cashflow
-$157
Rent Confidence: High
Annual
$24,768
Median
$2,000
Avg
$2,065
Samples
25
Financing
Purchase Price $279k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $58,590
Downpayment 20% $55,800
Closing costs 1% $2,790
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,064
Total Expenses $2,221
Mortgage P&I 72% $1,485
Property Taxes 3% $72
Home Insurance 5% $98
HOA 1% $30
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 | 2443 Morlynn Dr | $2200 | 3 | 2 | 1287 | 0.2 mi |
| 2 | 2503 Morlynn Dr | $2400 | 3 | 2 | 1300 | 0.4 mi |
| 3 | 114 Butkus Dr | $1680 | 3 | 2 | 1302 | 1.1 mi |
| 4 | 801 Pafko St, Unit 801 | $2000 | 3 | 2 | 1416 | 1.4 mi |
| 5 | 113 Butkus Dr | $1550 | 3 | 2 | 1302 | 1.1 mi |
| 6 | 113 Butkus Dr, Unit 3 | $1650 | 3 | 2 | 1300 | 1.1 mi |
| 7 | 217 Stonebridge Dr | $1800 | 3 | 2 | 1275 | 1 mi |
| 8 | 123 Coldwater Cir | $2200 | 3 | 2 | 1500 | 1 mi |
| 9 | 3560 Evergreen Way | $2200 | 3 | 2 | 1388 | 2.6 mi |
| 10 | 331 Pickwick Dr, Unit C1 | $2213 | 3 | 2 | 1408 | 2.6 mi |
| 11 | 3560 Evergreen Dr | $2200 | 3 | 2 | 1324 | 2.6 mi |
| 12 | 2 Sioux Trl | $2300 | 3 | 2 | 1400 | 2.9 mi |
| 13 | 2912 Skylar Dr | $2200 | 3 | 2 | 1475 | 2.1 mi |
| 14 | 523 Hobie Cat Rd | $1900 | 3 | 2 | 1352 | 3.1 mi |
| 15 | 592 W Oak Circle Dr | $2200 | 3 | 2 | 1400 | 3.1 mi |
| 16 | 2879 Pegasus Pl | $1800 | 3 | 2.5 | 1360 | 1.8 mi |
| 17 | 492 Wallingford Cir | $1900 | 3 | 2 | 1500 | 2.2 mi |
| 18 | 141 Dry Valley Loop | $2600 | 3 | 2 | 1650 | 1.1 mi |
| 19 | 691 Tidal Point Ln | $2000 | 3 | 2 | 1309 | 3 mi |
| 20 | 133 Point Break Dr | $1400 | 3 | 2 | 1169 | 1.4 mi |
| 21 | 135 Bonnie Bridge Cir | $2800 | 3 | 2 | 1400 | 3.6 mi |
| 22 | 421 Foxbrook Dr | $2000 | 3 | 2 | 1513 | 2.6 mi |
| 23 | 1748 Suncrest Dr | $2725 | 3 | 2 | 1728 | 0.8 mi |
| 24 | 100 Clovis Cir | $2000 | 3 | 2 | 1440 | 3.4 mi |
| 25 | 1141 Peace Pipe Pl | $1700 | 3 | 2 | 1275 | 3 mi |
Projections