REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -14.86% first-year return on $56,700 initial cash invested.
Cash On Cash
-14.86%
Cap Rate
3.56%
Rent
$1,759
Cashflow
-$702
Rent Confidence: High
Annual
$21,108
Median
$1,695
Avg
$1,780
Samples
25
Financing
Purchase Price $270k
Downpayment 20.0%
Interest Rate 6.9%
Mortgage Duration 30yr.
Cash To Invest
Total $56,700
Downpayment 20% $54,000
Closing costs 1% $2,700
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,759
Total Expenses $2,461
Mortgage P&I 81% $1,416
Property Taxes 28% $493
Home Insurance 5% $94
PManagement 10% $176
CapEx 5% $88
Vacancy 6% $106
Maintenance 5% $88
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 100 White Oak Dr | $1790 | 3 | 1 | 888 | 0.3 mi |
| 2 | 202 E Lola Dr | $1650 | 3 | 1 | 936 | 0.2 mi |
| 3 | 108 E Powell Ln | $1695 | 3 | 1 | 960 | 0.2 mi |
| 4 | 8510 Georgian Dr | $1700 | 3 | 1 | 979 | 0.6 mi |
| 5 | 7514 Carriage Dr | $2300 | 3 | 1 | 988 | 1 mi |
| 6 | 7608 Eastcrest Dr | $2200 | 3 | 1 | 998 | 0.9 mi |
| 7 | 501 Oakley Ct | $1795 | 3 | 1 | 999 | 1.1 mi |
| 8 | 8221 Sam Rayburn Dr, Apt 103 | $1350 | 3 | 1.5 | 1020 | 0.2 mi |
| 9 | 203 E Lola Dr | $1700 | 3 | 1 | 1198 | 0.2 mi |
| 10 | 7702 Creston Ln | $1950 | 3 | 1 | 1142 | 1 mi |
| 11 | 8807 Slayton Dr | $1695 | 3 | 1 | 1173 | 1.1 mi |
| 12 | 7604 Meadowview Ln | $2700 | 3 | 1 | 1251 | 0.9 mi |
| 13 | 8814 Laverty Pl | $2700 | 3 | 1 | 1304 | 0.8 mi |
| 14 | 420 E Wonsley Dr, Unit 605 | $1435 | 3 | 2 | 1085 | 0.1 mi |
| 15 | 7513 E Crest Dr | $2095 | 3 | 2 | 1022 | 1 mi |
| 16 | 305 White Oak Dr, Unit A | $1690 | 2 | 1 | 850 | 0.1 mi |
| 17 | 305 White Oak Dr, Unit B | $1650 | 2 | 1 | 850 | 0.1 mi |
| 18 | 7518 Eastcrest Dr | $2295 | 3 | 2 | 1072 | 1 mi |
| 19 | 8204 Sam Rayburn Dr, # D | $1250 | 2 | 1 | 800 | 0.1 mi |
| 20 | 313 Delmar Ave | $2400 | 3 | 2 | 1092 | 1.1 mi |
| 21 | 406 W Anderson Ln, Unit 1064 | $915 | 2 | 1 | 832 | 0.7 mi |
| 22 | 7706 Northcrest Blvd, Unit B | $1295 | 2 | 1 | 832 | 0.8 mi |
| 23 | 7709 Meadowview Ln, Unit B | $1450 | 2 | 1 | 832 | 0.8 mi |
| 24 | 106 Oertli Ln | $1395 | 2 | 1 | 925 | 0.4 mi |
| 25 | 106 Oertli Ln, Unit A | $1395 | 2 | 1 | 925 | 0.4 mi |
Projections