REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -3.57% first-year return on $50,379 initial cash invested.
Cash On Cash
-3.57%
Cap Rate
6.07%
Rent
$1,731
Cashflow
-$150
Rent Confidence: High
Annual
$20,772
Median
$1,799
Avg
$1,754
Samples
25
Financing
Purchase Price $240k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $50,379
Downpayment $47,980
Closing costs $2,399
Rehab $0
Furnishing $0
Cashflow
Total Income $1,731
Total Expenses $1,881
Mortgage P&I $1,277
Property Taxes $69
Home Insurance $84
PManagement $173
CapEx $87
Vacancy $104
Maintenance $87
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 117 Harmon Creek Dr | $2150 | 3 | 2 | 1151 | 0.9 mi |
| 2 | 431 Edgewater Rd | $1790 | 3 | 2 | 1174 | 0.7 mi |
| 3 | 429 Edgewater Rd | $1875 | 3 | 2 | 1179 | 0.7 mi |
| 4 | 106 Harmon Creek Dr | $2000 | 3 | 2 | 1181 | 0.8 mi |
| 5 | 8614 Laberta Blvd | $1700 | 3 | 2 | 1056 | 2.4 mi |
| 6 | 121 Harmon Creek Dr | $1725 | 3 | 2 | 1181 | 0.9 mi |
| 7 | 112 Lucian Cir | $1799 | 3 | 2 | 1227 | 0.6 mi |
| 8 | 5527 Montgomery St, Unit 8570 | $950 | 3 | 2 | 1000 | 3.8 mi |
| 9 | 12 Keystone Dr | $1900 | 3 | 1.5 | 1144 | 0.9 mi |
| 10 | 309 Montclair Blvd | $1975 | 3 | 2 | 1204 | 1.8 mi |
| 11 | 59 Quail Forest Dr | $1650 | 3 | 2 | 1066 | 3.5 mi |
| 12 | 8106 Aegean Ave | $1650 | 3 | 1 | 999 | 1.2 mi |
| 13 | 508 Wild Turkey Rd | $1695 | 3 | 2 | 1281 | 1.5 mi |
| 14 | 103 Wilshire Blvd | $1835 | 3 | 1 | 1000 | 1.6 mi |
| 15 | 123 Bordeaux Ln | $1800 | 3 | 2 | 1083 | 3.9 mi |
| 16 | 9007 Harmon Bluff Rd | $1900 | 3 | 2 | 1380 | 0.8 mi |
| 17 | 409 Sharondale Rd | $2100 | 3 | 2 | 1134 | 3.3 mi |
| 18 | 106 S Quail Xing | $2100 | 3 | 2 | 1137 | 3.4 mi |
| 19 | 517 Mimosa Pl | $1600 | 3 | 2 | 1150 | 3.3 mi |
| 20 | 208 Tech Dr | $1950 | 3 | 2 | 1387 | 1 mi |
| 21 | 117 Croatan St | $1675 | 3 | 1 | 1166 | 0.1 mi |
| 22 | 7 Forest Ridge Ct | $1300 | 3 | 2 | 1148 | 3.5 mi |
| 23 | 6803 Waters Ave, Lot 6 | $1375 | 3 | 2 | 1248 | 2.5 mi |
| 24 | 10611 Abercorn St | $1249 | 3 | 2 | 1336 | 1.8 mi |
| 25 | 2 Queens Ct | $2100 | 3 | 2 | 1260 | 2.6 mi |