REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -14.31% first-year return on $82,950 initial cash invested.
Cash On Cash
-14.31%
Cap Rate
3.68%
Rent
$1,961
Cashflow
-$989
Rent Confidence: High
Annual
$23,532
Median
$1,950
Avg
$1,960
Samples
25
Financing
Purchase Price $395k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $82,950
Downpayment $79,000
Closing costs $3,950
Rehab $0
Furnishing $0
Cashflow
Total Income $1,961
Total Expenses $2,950
Mortgage P&I $2,102
Property Taxes $200
Home Insurance $138
PManagement $196
CapEx $98
Vacancy $118
Maintenance $98
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 87 Middlemont Only Ave, Unit Cat | $2250 | 2 | 1 | 1100 | 0.6 mi |
| 2 | 87 Middlemont Ave | $2100 | 2 | 1 | 1100 | 0.6 mi |
| 3 | 79 Olney Rd | $1950 | 2 | 1 | 1078 | 0.7 mi |
| 4 | 23 Jarrett St | $2100 | 2 | 1 | 1057 | 1.2 mi |
| 5 | 300 Pace Ln | $1700 | 2 | 1 | 1031 | 1.1 mi |
| 6 | 919 Haywood Rd | $1650 | 2 | 1 | 1010 | 1 mi |
| 7 | 32 Johnston Blvd | $2050 | 2 | 1 | 1164 | 1.4 mi |
| 8 | 105 Salola St, Apt D | $1600 | 2 | 1 | 1250 | 0.5 mi |
| 9 | 84 Nevada Ave | $2000 | 2 | 1 | 1200 | 1.2 mi |
| 10 | 50 Vance Crescent Ext | $1950 | 2 | 1 | 950 | 0.7 mi |
| 11 | 15 Wamboldt Ave | $2000 | 2 | 1 | 1088 | 2.8 mi |
| 12 | State St | $2250 | 2 | 1 | 1000 | 1.8 mi |
| 13 | 62-2 Debra Ln | $1650 | 2 | 1 | 1000 | 1.8 mi |
| 14 | 89 Vermont Ave, Apt 4 | $1750 | 2 | 1 | 900 | 0.6 mi |
| 15 | 41 Lanvale Ave | $2150 | 2 | 1 | 1318 | 0.8 mi |
| 16 | 187 Swannanoa Ave | $2500 | 2 | 1 | 1188 | 2.3 mi |
| 17 | 75 Oak Hill Dr | $1900 | 2 | 1 | 1020 | 2.4 mi |
| 18 | 32 Allen Hideaway St, Unit The | $1750 | 2 | 1 | 1250 | 1.7 mi |
| 19 | 319 Hi Alta Ave | $1995 | 2 | 1 | 1008 | 2.4 mi |
| 20 | 102 Middlemont Ave | $2700 | 2 | 1 | 875 | 0.5 mi |
| 21 | 217 Fayetteville St | $1750 | 2 | 1 | 982 | 2.3 mi |
| 22 | 17 Morris St | $2250 | 2 | 2 | 1100 | 0.7 mi |
| 23 | 37 Shadowlawn Drivetop Level | $1400 | 2 | 1 | 910 | 1.7 mi |
| 24 | 124 State St | $1900 | 2 | 1 | 900 | 1.6 mi |
| 25 | 77 Trotter Pl | $1700 | 2 | 2 | 1040 | 0.5 mi |