REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property might be a fair Long-Term investment with a projected 0.73% first-year return on $29,505 initial cash invested.
Cash On Cash
0.73%
Cap Rate
7.17%
Rent
$1,460
Cashflow
$18
Rent Confidence: High
Annual
$17,520
Median
$1,400
Avg
$1,425
Samples
25
Financing
Purchase Price $141k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $29,505
Downpayment 20% $28,100
Closing costs 1% $1,405
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,460
Total Expenses $1,442
Mortgage P&I 51% $748
Property Taxes 18% $265
Home Insurance 3% $49
PManagement 10% $146
CapEx 5% $73
Vacancy 6% $88
Maintenance 5% $73
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3717 Myrtle St | $2499 | 2 | 1 | 1084 | 1 mi |
| 2 | 3307 Reed Ln | $1400 | 2 | 1 | 1000 | 0.3 mi |
| 3 | 3455 Roberts Ave | $1595 | 2 | 1 | 1050 | 1.1 mi |
| 4 | 3603 York St | $1900 | 2 | 1 | 986 | 0.6 mi |
| 5 | 4205 Metropolitan Ave, Unit 103 | $1150 | 2 | 1 | 1320 | 1.5 mi |
| 6 | 3322 Goldspier Dr | $1200 | 2 | 1 | 868 | 0.6 mi |
| 7 | 3220 Elsie Faye Heggins St | $1350 | 2 | 1 | 840 | 0.4 mi |
| 8 | 3615 Reese Dr | $1100 | 2 | 1 | 1 mi | |
| 9 | 3627 Reese Dr | $1100 | 2 | 1 | 1 mi | |
| 10 | 2706 Marder St | $1100 | 2 | 1 | 1 mi | |
| 11 | 2831 Tanner St | $1900 | 2 | 2 | 1225 | 1.2 mi |
| 12 | 3606 Meyers St | $1200 | 2 | 1 | 884 | 1 mi |
| 13 | 3739 Meadow St | $1150 | 2 | 1 | 852 | 0.8 mi |
| 14 | 2634 Burger Ave | $1495 | 2 | 1 | 883 | 1.2 mi |
| 15 | 2902 Brigham Ln | $1100 | 2 | 1 | 872 | 1.2 mi |
| 16 | 2607 Burger Ave | $1495 | 2 | 2 | 1110 | 1.3 mi |
| 17 | 3711 Octavia St | $1450 | 2 | 1 | 1.5 mi | |
| 18 | 4218 Carpenter Ave | $1495 | 2 | 1 | 864 | 1.2 mi |
| 19 | 3814 Wendelkin St | $1595 | 2 | 1 | 1550 | 1.6 mi |
| 20 | 3626 Cauthorn Dr | $1350 | 2 | 1 | 840 | 1 mi |
| 21 | 2219J B Jackson Jr Blvd, Unit B5 | $1350 | 2 | 1 | 800 | 0.9 mi |
| 22 | 3626 Carpenter Ave | $1400 | 2 | 1 | 784 | 0.7 mi |
| 23 | 3710 Sidney St | $1650 | 2 | 1 | 796 | 0.9 mi |
| 24 | 2516 Metropolitan Ave | $1495 | 2 | 1 | 825 | 1.3 mi |
| 25 | 3623 Reese Dr | $1100 | 2 | 1 | 768 | 1 mi |
Projections