REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -13.76% first-year return on $131k initial cash invested.
Cash On Cash
-13.76%
Cap Rate
3.82%
Rent
$3,394
Cashflow
-$1,505
Rent Confidence: High
Annual
$40,728
Median
$3,495
Avg
$3,371
Samples
25
Financing
Purchase Price $625k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $131k
Downpayment 20% $125k
Closing costs 1% $6,250
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $3,394
Total Expenses $4,899
Mortgage P&I 98% $3,327
Property Taxes 14% $470
Home Insurance 6% $219
PManagement 10% $339
CapEx 5% $170
Vacancy 6% $204
Maintenance 5% $170
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 18 Patricia Ln | $3500 | 4 | 2 | 1906 | 1.6 mi |
| 2 | 18 Falmouth Rd | $5250 | 4 | 3 | 2380 | 5.2 mi |
| 3 | 27 Belknap St | $3325 | 4 | 1.5 | 1732 | 4.7 mi |
| 4 | 195 Pleasant Ave, # 195 | $4200 | 3 | 3 | 1700 | 4 mi |
| 5 | 183 Prospect Street Prospect St, Unit 183 | $4000 | 4 | 2 | 2200 | 4.8 mi |
| 6 | 181 Carlson St | $3595 | 3 | 2 | 1650 | 2.7 mi |
| 7 | 81 Granite St, Apt 2 | $3495 | 4 | 1 | 1900 | 6 mi |
| 8 | 81 Granite St | $3495 | 4 | 1 | 1900 | 6 mi |
| 9 | 81 Granite St, Apt 1 | $3295 | 4 | 1 | 1900 | 6 mi |
| 10 | 43 Redlon Park Rd | $3500 | 3 | 3 | 2088 | 5.1 mi |
| 11 | 15 Seavey St | $3000 | 4 | 1 | 1400 | 5 mi |
| 12 | 19 Brookside Dr | $3300 | 3 | 2.5 | 2300 | 2.6 mi |
| 13 | 88 Hastings St | $2860 | 4 | 1 | 1376 | 4.9 mi |
| 14 | 220 Veranda St | $3750 | 3 | 2 | 1697 | 4.9 mi |
| 15 | 18 Jackson St | $2950 | 3 | 1.5 | 1400 | 1.2 mi |
| 16 | 65 Haskell St | $2500 | 4 | 1 | 5.4 mi | |
| 17 | 42 Savoy St | $3600 | 3 | 2 | 2016 | 4.4 mi |
| 18 | 56 Chenery St | $3670 | 3 | 2 | 1494 | 4.4 mi |
| 19 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 2.7 mi |
| 20 | 21 Mayfield St, # 2 | $3000 | 3 | 2 | 1300 | 2.7 mi |
| 21 | 32 Brook Rd, Unit 1 | $4200 | 3 | 2 | 2184 | 3.5 mi |
| 22 | 17 Partridge Rd | $1400 | 3 | 2 | 1556 | 5.6 mi |
| 23 | 9 Just-mere Rd | $5000 | 3 | 2.5 | 5.2 mi | |
| 24 | 17 Arlington St | $3400 | 3 | 2 | 2200 | 4.7 mi |
| 25 | 588 Ocean Ave | $1200 | 3 | 1 | 1600 | 3.8 mi |
Projections