REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -9.37% first-year return on $58,800 initial cash invested.
Cash On Cash
-9.37%
Cap Rate
4.49%
Rent
$1,450
Cashflow
-$459
Rent Confidence: High
Annual
$17,400
Median
$1,450
Avg
$1,451
Samples
25
Financing
Purchase Price $280k
Downpayment 20.0%
Interest Rate 6.6%
Mortgage Duration 30yr.
Cash To Invest
Total $58,800
Downpayment 20% $56,000
Closing costs 1% $2,800
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,450
Total Expenses $1,909
Mortgage P&I 99% $1,434
Property Taxes 0% $1
Home Insurance 7% $98
PManagement 10% $145
CapEx 5% $72
Vacancy 6% $87
Maintenance 5% $72
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2901 N 36th St | $1475 | 2 | 1 | 864 | 0.2 mi |
| 2 | 3519 N Woody Dr | $1475 | 2 | 1 | 875 | 0.9 mi |
| 3 | 2311 N 31st St | $1495 | 2 | 1 | 884 | 0.8 mi |
| 4 | 2904 N Wymosa St | $1625 | 2 | 1 | 864 | 1.1 mi |
| 5 | 3853 W Glendale St | $1450 | 2 | 1 | 900 | 0.7 mi |
| 6 | 1159 N Arthur Ln | $1096 | 2 | 1 | 816 | 0.4 mi |
| 7 | 1165 N Arthur Ln | $1101 | 2 | 1 | 816 | 0.4 mi |
| 8 | 1137 N Arthur Ln | $1096 | 2 | 1 | 816 | 0.4 mi |
| 9 | 1161 N Arthur Ln | $1096 | 2 | 1 | 816 | 0.4 mi |
| 10 | 3484 N 36th St | $1195 | 2 | 1 | 910 | 0.8 mi |
| 11 | 305 E Teena St | $1700 | 2 | 1 | 864 | 1.6 mi |
| 12 | 933 N 32nd St | $1195 | 2 | 1 | 850 | 1.5 mi |
| 13 | 3628 N Collister Dr | $1345 | 2 | 1 | 840 | 1.4 mi |
| 14 | 913 N 32nd St | $1295 | 2 | 1 | 840 | 1.5 mi |
| 15 | 3950 N Cambria Way | $1545 | 2 | 1 | 863 | 2 mi |
| 16 | 2501 W Anderson St, Apt 21 | $1400 | 2 | 1 | 917 | 1.4 mi |
| 17 | 2501 W Anderson St, Apt 19 | $1400 | 2 | 1 | 917 | 1.4 mi |
| 18 | 4309 N Life Tree Ln | $1675 | 2 | 1 | 838 | 1.7 mi |
| 19 | 4623 W Catalpa Dr, Unit 4631 | $1625 | 2 | 1 | 825 | 1.5 mi |
| 20 | 2501 W Ellis Ave | $1395 | 2 | 1 | 850 | 2 mi |
| 21 | 918 N 32nd St, # 1 | $1795 | 2 | 1 | 918 | 1.5 mi |
| 22 | 2101 N 21st St | $1700 | 2 | 1 | 834 | 1.8 mi |
| 23 | 2106 N 20th St, Unit B | $1350 | 2 | 1 | 900 | 1.9 mi |
| 24 | 3669 W Wylie Ln | $1499 | 2 | 1 | 742 | 0.3 mi |
| 25 | 4122 W State St | $2250 | 2 | 1 | 744 | 0.4 mi |
Projections