REI Lense- Airbnb
- Long-Term
- Mid-Term
This property could be a profitable Long-Term investment with a projected 13.87% first-year return on $31,500 initial cash invested.
Cash On Cash
13.87%
Cap Rate
10.02%
Rent
$1,804
Cashflow
$364
Rent Confidence: High
Annual
$21,648
Median
$1,800
Avg
$1,805
Samples
25
Financing
Purchase Price $150k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $31,500
Downpayment $30,000
Closing costs $1,500
Rehab $0
Furnishing $0
Cashflow
Total Income $1,804
Total Expenses $1,440
Mortgage P&I $798
Property Taxes $122
Home Insurance $52
PManagement $180
CapEx $90
Vacancy $108
Maintenance $90
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3508 Sherbourne Ln | $1315 | 3 | 3 | 1404 | 0.2 mi |
| 2 | 3507 Sherbourne Ln | $1860 | 3 | 2.5 | 1540 | 0.1 mi |
| 3 | 5 Sherbourne Ct | $1770 | 3 | 2.5 | 1450 | 0.1 mi |
| 4 | 123 Queensberry Ct | $1750 | 3 | 2.5 | 1610 | 1.8 mi |
| 5 | 2 White Chapel Ct | $1715 | 3 | 2.5 | 1608 | 1.8 mi |
| 6 | 5 Saltford Ln | $2095 | 3 | 2.5 | 1762 | 1.9 mi |
| 7 | 12 Saltford Ln | $1850 | 3 | 2.5 | 1762 | 1.9 mi |
| 8 | 56 Nandina Dr | $1700 | 3 | 3 | 1484 | 2.3 mi |
| 9 | 117 Silhouette Dr | $1650 | 3 | 2.5 | 1600 | 1.9 mi |
| 10 | 3602 Mizell Rd | $1650 | 3 | 2.5 | 1500 | 0.9 mi |
| 11 | 54 Pisgah Forest Cir | $1950 | 3 | 2.5 | 1669 | 2.5 mi |
| 12 | 63 Park Village Ln | $1860 | 3 | 2.5 | 1570 | 1.7 mi |
| 13 | 212 Solacium Ln | $1995 | 3 | 2.5 | 1762 | 2.1 mi |
| 14 | 21 Stardust Trl, Unit 21 | $1800 | 3 | 2.5 | 1762 | 2.1 mi |
| 15 | 7 Pisgah Forest Cir | $1890 | 3 | 2.5 | 1640 | 2.4 mi |
| 16 | 200 Kinnley Ct | $1975 | 3 | 2.5 | 1784 | 2.1 mi |
| 17 | 105 Queensberry Ct | $1525 | 3 | 2.5 | 1556 | 1.7 mi |
| 18 | 150 Drewsbury Dr | $1750 | 3 | 2.5 | 1784 | 2 mi |
| 19 | 4 Stardust Trl | $1995 | 3 | 2.5 | 1790 | 2 mi |
| 20 | 202 Kinnley Ct | $1850 | 3 | 2.5 | 1784 | 2.1 mi |
| 21 | 203 Kinnley Ct | $1925 | 3 | 2.5 | 1784 | 2.1 mi |
| 22 | 205 Kinnley Ct | $1745 | 3 | 2.5 | 1784 | 2.1 mi |
| 23 | 207 Kinnley Ct | $1750 | 3 | 2.5 | 1789 | 2.1 mi |
| 24 | 18 Pisgah Forest Cir | $2200 | 3 | 2.5 | 1616 | 2.4 mi |
| 25 | 108 Heritage Creek Way | $1550 | 3 | 2.5 | 1556 | 2 mi |