REI Lense- Airbnb
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This property might be a fair Long-Term investment with a projected 2.91% first-year return on $50,379 initial cash invested.
Cash On Cash
2.91%
Cap Rate
7.52%
Rent
$2,077
Cashflow
$122
Rent Confidence: High
Annual
$24,924
Median
$2,080
Avg
$2,124
Samples
25
Financing
Purchase Price $240k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $50,379
Downpayment 20% $47,980
Closing costs 1% $2,399
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,077
Total Expenses $1,955
Mortgage P&I 61% $1,277
Property Taxes 3% $53
Home Insurance 4% $84
PManagement 10% $208
CapEx 5% $104
Vacancy 6% $125
Maintenance 5% $104
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3230 Sherry Dr | $1980 | 4 | 2 | 1252 | 0.1 mi |
| 2 | 3202 Needles Dr | $2095 | 4 | 2 | 1152 | 1.4 mi |
| 3 | 3024 Sutton Dr | $2100 | 4 | 2 | 1170 | 1.3 mi |
| 4 | 1460 Lake Shadow Cir, Apt 7301 | $1950 | 4 | 2 | 1372 | 1.7 mi |
| 5 | 1460 Lake Shadow Cir, Apt 7207 | $1900 | 4 | 2 | 1372 | 1.7 mi |
| 6 | 1460 Lake Shadow Cir, Apt 7307 | $1950 | 4 | 2 | 1372 | 1.7 mi |
| 7 | 1175 Lake Shadow Cir, Apt 4301 | $1750 | 4 | 2 | 1372 | 1.8 mi |
| 8 | 5612 Eggleston Ave | $2095 | 4 | 2 | 1433 | 1.5 mi |
| 9 | 8217 Camphor Tree Dr | $2195 | 4 | 2 | 1.5 mi | |
| 10 | 3018 Bart St | $2260 | 4 | 2 | 1700 | 0.2 mi |
| 11 | 2215 Falkner Rd | $2080 | 4 | 2 | 1517 | 1.5 mi |
| 12 | 5315 Eggleston Ave | $2645 | 4 | 2 | 1488 | 1.9 mi |
| 13 | 3020 Calloway Dr | $2235 | 4 | 2 | 1574 | 1.8 mi |
| 14 | 3255 Kelvington Dr | $1995 | 3 | 2 | 1040 | 0.1 mi |
| 15 | 2633 Clearbrook Cir | $1800 | 3 | 2 | 1090 | 0.8 mi |
| 16 | 3125 Wallington Dr | $1860 | 3 | 2 | 1147 | 0.1 mi |
| 17 | 1727 Shadow View Cir | $1950 | 4 | 2 | 1707 | 1.9 mi |
| 18 | 1608 Bobtail Dr | $2800 | 4 | 2 | 1810 | 1.5 mi |
| 19 | 6703 Brittany Chase Ct | $2200 | 4 | 2.5 | 1701 | 0.7 mi |
| 20 | 4013 Orwood Rd | $1795 | 3 | 2 | 1141 | 1 mi |
| 21 | 7820 Plunkett Ave | $1990 | 3 | 2 | 1049 | 1.4 mi |
| 22 | 4425 Urban Ct | $1800 | 3 | 2 | 1080 | 1.9 mi |
| 23 | 1757 Bobtail Dr | $2900 | 4 | 2 | 1847 | 1.8 mi |
| 24 | 3526 Superior Ct | $2600 | 3 | 2 | 1161 | 0.9 mi |
| 25 | 7608 Lakeside Woods Dr | $2175 | 3 | 2 | 1171 | 0.9 mi |
Projections