REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -8.02% first-year return on $60,879 initial cash invested.
Cash On Cash
-8.02%
Cap Rate
5.06%
Rent
$1,748
Cashflow
-$407
Rent Confidence: High
Annual
$20,976
Median
$1,800
Avg
$1,749
Samples
25
Financing
Purchase Price $290k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $60,879
Downpayment 20% $57,980
Closing costs 1% $2,899
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,748
Total Expenses $2,155
Mortgage P&I 88% $1,543
Property Taxes 3% $56
Home Insurance 6% $102
PManagement 10% $175
CapEx 5% $87
Vacancy 6% $105
Maintenance 5% $87
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3712 W Thomas Rd | $1645 | 3 | 2 | 1215 | 0.3 mi |
| 2 | 3735 W Verde Ln | $1850 | 3 | 2 | 1324 | 0.3 mi |
| 3 | 3840 N 43rd Ave, Apt 51 | $1099 | 3 | 2 | 1243 | 1.6 mi |
| 4 | 3634 W Granada Rd | $1795 | 3 | 2 | 1208 | 1.6 mi |
| 5 | 3840 N 43rd Ave, Apt 58 | $1095 | 3 | 2 | 1243 | 1.6 mi |
| 6 | 4123 W Vernon Ave | $1795 | 3 | 2 | 1167 | 1.4 mi |
| 7 | 5034 W Edgemont Ave, Unit 3650 | $1800 | 3 | 2 | 1217 | 2.5 mi |
| 8 | 3042 N 24th Ln | $1795 | 3 | 2 | 1208 | 2.6 mi |
| 9 | 3058 N 24th Ln | $1875 | 3 | 2 | 1208 | 2.6 mi |
| 10 | 2430 W Earll Dr | $1995 | 3 | 2 | 1208 | 2.6 mi |
| 11 | 3061 N 24th Ln | $1895 | 3 | 2 | 1208 | 2.6 mi |
| 12 | 2688 N 43rd Ave Apt D | $1450 | 3 | 2 | 1120 | 1.4 mi |
| 13 | 2646 N 43rd Ave Apt D | $2295 | 3 | 2 | 1106 | 1.3 mi |
| 14 | 3066 N 24th Ln | $1950 | 3 | 2 | 1208 | 2.6 mi |
| 15 | 3038 N 24th Dr | $1995 | 3 | 2 | 1208 | 2.6 mi |
| 16 | 2422 W Earll Dr | $1885 | 3 | 2 | 1208 | 2.6 mi |
| 17 | 2670 N 43rd Ave, Unit 20D | $1250 | 3 | 2 | 1106 | 1.4 mi |
| 18 | 3030 N 24th Dr | $1945 | 3 | 2 | 1208 | 2.6 mi |
| 19 | 2955 N 47th Dr | $1599 | 3 | 2 | 1305 | 1.9 mi |
| 20 | 2672 N 43rd Ave Apt D | $2000 | 3 | 2 | 1106 | 1.4 mi |
| 21 | 3513 W Pierson St | $1695 | 3 | 2 | 1254 | 2.6 mi |
| 22 | 2688 N 43rd Ave, Unit 29D | $2000 | 3 | 2 | 1106 | 1.4 mi |
| 23 | 2806 N 43rd Ave Apt D | $2000 | 3 | 2 | 1106 | 1.5 mi |
| 24 | 2236 N 47th Ave | $1780 | 3 | 2 | 1164 | 2.3 mi |
| 25 | 2808 N 43rd Ave, Unit 38D | $1250 | 3 | 2 | 1106 | 1.5 mi |
Projections