REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -7.96% first-year return on $66,150 initial cash invested.
Cash On Cash
-7.96%
Cap Rate
5.07%
Rent
$1,883
Cashflow
-$439
Rent Confidence: High
Annual
$22,596
Median
$1,850
Avg
$1,861
Samples
25
Financing
Purchase Price $315k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $66,150
Downpayment 20% $63,000
Closing costs 1% $3,150
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,883
Total Expenses $2,322
Mortgage P&I 89% $1,677
Property Taxes 2% $46
Home Insurance 6% $110
PManagement 10% $188
CapEx 5% $94
Vacancy 6% $113
Maintenance 5% $94
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2609 W Morten Ave, Unit 2 | $1350 | 3 | 1 | 1400 | 1.1 mi |
| 2 | 2338 W Orchid Ln | $1750 | 3 | 1 | 1362 | 1.2 mi |
| 3 | 3532 W Royal Palm Rd | $1950 | 3 | 1 | 1512 | 1.4 mi |
| 4 | 2909 W Griswold Rd | $2250 | 3 | 2 | 1341 | 0.2 mi |
| 5 | 2833 W Seldon Ln | $1525 | 3 | 1.5 | 1176 | 0.4 mi |
| 6 | 8117 N 31st Ave | $1675 | 3 | 1 | 1014 | 0.5 mi |
| 7 | 3041 W Alice Ave | $1870 | 3 | 1.5 | 1176 | 0.7 mi |
| 8 | 2502 W Orchid Ln | $1745 | 3 | 2 | 1332 | 1 mi |
| 9 | 3343 W Seldon Ln | $1865 | 3 | 2 | 1354 | 1.2 mi |
| 10 | 8549 N 32nd Dr | $1875 | 3 | 2 | 1500 | 1 mi |
| 11 | 2915 W Griswold Rd | $2495 | 3 | 2 | 1236 | 0.2 mi |
| 12 | 2519 W Morten Ave | $2500 | 3 | 2 | 1320 | 1.2 mi |
| 13 | 2939 W Echo Ln, Unit 1 | $1995 | 3 | 2 | 1250 | 0.4 mi |
| 14 | 3233 W Loma Ln | $1095 | 3 | 1 | 1008 | 1 mi |
| 15 | 3514 W Royal Palm Rd | $1845 | 3 | 2 | 1320 | 1.4 mi |
| 16 | 8431 N 34th Ave | $1350 | 3 | 1 | 1008 | 1.2 mi |
| 17 | 3332 W Las Palmaritas Dr | $1549 | 3 | 1 | 1002 | 1.1 mi |
| 18 | 8430 N 34th Dr | $1850 | 3 | 1 | 1008 | 1.3 mi |
| 19 | 2608 W Lane Ave | $1895 | 3 | 1 | 949 | 0.7 mi |
| 20 | 2802 W Vista Ave | $1805 | 3 | 2 | 1588 | 1.1 mi |
| 21 | 8723 N 28th Dr | $1699 | 3 | 2 | 1236 | 0.9 mi |
| 22 | 2809 W Seldon Ln | $1590 | 3 | 2 | 1180 | 0.5 mi |
| 23 | 2816 W Griswold Rd | $3200 | 3 | 2 | 1139 | 0 mi |
| 24 | 2868 W Orchid Ln | $1850 | 3 | 2 | 1180 | 0.6 mi |
| 25 | 2910 W Orchid Ln | $1945 | 3 | 2 | 1710 | 0.6 mi |
Projections