REI Lense- Airbnb
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This property might be a fair Long-Term investment with a projected 3.82% first-year return on $37,380 initial cash invested.
Cash On Cash
3.82%
Cap Rate
7.89%
Rent
$1,855
Cashflow
$119
Rent Confidence: High
Annual
$22,260
Median
$1,850
Avg
$1,855
Samples
25
Financing
Purchase Price $178k
Downpayment 20.0%
Interest Rate 7.1%
Mortgage Duration 30yr.
Cash To Invest
Total $37,380
Downpayment 20% $35,600
Closing costs 1% $1,780
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,855
Total Expenses $1,736
Mortgage P&I 52% $959
Property Taxes 13% $232
Home Insurance 3% $62
PManagement 10% $186
CapEx 5% $93
Vacancy 6% $111
Maintenance 5% $93
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 466 Mulberry Row SE | $1935 | 3 | 2 | 1600 | 0.4 mi |
| 2 | 2975 Level Ridge Rd SE | $1595 | 3 | 2 | 1707 | 0.6 mi |
| 3 | 531 Tufton Trl SE | $1825 | 3 | 2.5 | 1568 | 0.5 mi |
| 4 | 3323 Northside Dr | $1850 | 3 | 2 | 1554 | 2 mi |
| 5 | 2435 Center Pointe Cir SW | $1849 | 3 | 2 | 1584 | 2.4 mi |
| 6 | 607 Se Waynes Ct | $2000 | 3 | 2.5 | 1568 | 1.1 mi |
| 7 | 3422 Eisenhower Cir SE | $1725 | 3 | 2 | 1618 | 2.3 mi |
| 8 | 509 Tufton Trl SE | $1850 | 3 | 2.5 | 1656 | 0.5 mi |
| 9 | 819 Forrest Cir SE | $1799 | 3 | 2 | 1680 | 2.1 mi |
| 10 | 70 Ruzelle Dr SE | $1700 | 3 | 2 | 1362 | 1.1 mi |
| 11 | 2695 Altaview Dr SE | $1300 | 3 | 1.5 | 1586 | 1.5 mi |
| 12 | 241 Maple St | $1995 | 3 | 2 | 1700 | 2.1 mi |
| 13 | 436 Grady Pl | $2000 | 3 | 2 | 1425 | 1.9 mi |
| 14 | 504 Jefferson Chase St SE | $1700 | 3 | 2.5 | 1738 | 0.4 mi |
| 15 | 2933 5th St SW | $2200 | 3 | 2 | 1734 | 2.1 mi |
| 16 | 473 Tufton Trl SE | $1895 | 3 | 2.5 | 1768 | 0.5 mi |
| 17 | 450-B Village Creek Dr | $1900 | 3 | 2.5 | 1800 | 0.4 mi |
| 18 | 2750 Altaview Dr SE | $2200 | 3 | 2 | 1291 | 1.3 mi |
| 19 | 241 Maple St | $1700 | 3 | 2 | 1350 | 2.1 mi |
| 20 | 487 Tufton Trl SE | $2100 | 3 | 2.5 | 1820 | 0.6 mi |
| 21 | 3381 Renault Rd SE | $1550 | 3 | 2 | 1191 | 0.6 mi |
| 22 | 546 Monticello Blvd SE | $2350 | 3 | 2.5 | 1891 | 0.2 mi |
| 23 | 408 Belgarde Pl SE | $1695 | 3 | 2 | 1150 | 0.4 mi |
| 24 | 585 Mcwilliams Rd SE | $2115 | 3 | 2 | 1321 | 2.2 mi |
| 25 | 3039 Forrest Park Rd SE | $1550 | 3 | 2 | 1885 | 2.1 mi |
Projections