REI Lense- Airbnb
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This property might be a fair Long-Term investment with a projected 2.88% first-year return on $46,200 initial cash invested.
Cash On Cash
2.88%
Cap Rate
7.53%
Rent
$1,958
Cashflow
$111
Rent Confidence: High
Annual
$23,496
Median
$1,930
Avg
$1,958
Samples
25
Financing
Purchase Price $220k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $46,200
Downpayment 20% $44,000
Closing costs 1% $2,200
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,958
Total Expenses $1,847
Mortgage P&I 60% $1,171
Property Taxes 5% $90
Home Insurance 4% $77
PManagement 10% $196
CapEx 5% $98
Vacancy 6% $117
Maintenance 5% $98
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3264 Anderson Rd | $1800 | 3 | 2 | 1148 | 0 mi |
| 2 | 3637 Lake Towne Dr | $1885 | 3 | 2 | 1181 | 1 mi |
| 3 | 3108 Towne Village Rd | $2150 | 3 | 2 | 1229 | 0.6 mi |
| 4 | 309 Oak Timber Ct | $1905 | 3 | 2 | 1180 | 1.2 mi |
| 5 | 309 Oak Timber Ct | $2055 | 3 | 2 | 1180 | 1.2 mi |
| 6 | 3232 Forest Breeze Dr | $1850 | 3 | 2 | 1105 | 1.2 mi |
| 7 | 3604 Arcadia Cir | $2300 | 3 | 2 | 1222 | 0.9 mi |
| 8 | 3508 Country Way Rd | $1880 | 3 | 2 | 1222 | 1 mi |
| 9 | 3104 Kinwood Dr | $2000 | 3 | 2 | 1164 | 1.7 mi |
| 10 | 204 Towne Valley Ct | $1930 | 3 | 2 | 1234 | 0.9 mi |
| 11 | 709 Lipton Ct | $2149 | 3 | 2 | 1222 | 1.4 mi |
| 12 | 709 Lipton Ct | $2149 | 3 | 2 | 1222 | 1.4 mi |
| 13 | 3016 Towne Valley Rd | $1970 | 3 | 2 | 1282 | 0.8 mi |
| 14 | 737 Lake Terrace Dr | $1775 | 3 | 2 | 1300 | 0.7 mi |
| 15 | 3309 Country Way Rd | $1995 | 3 | 2 | 1365 | 0.1 mi |
| 16 | 3304 Oak Timber Dr | $1650 | 3 | 2 | 1270 | 1.1 mi |
| 17 | 2915 Sheana Way | $1750 | 3 | 1.5 | 1190 | 0.5 mi |
| 18 | 1304 Joust Ct | $2000 | 3 | 2 | 1249 | 1.4 mi |
| 19 | 3156 Country Meadow Rd | $1725 | 3 | 2 | 1350 | 0.4 mi |
| 20 | 1220 Huntingboro Ct | $2050 | 3 | 2 | 1267 | 1.3 mi |
| 21 | 201 Towne Valley Ct | $1775 | 3 | 2 | 1312 | 0.8 mi |
| 22 | 4005 Calumet Dr | $1775 | 3 | 2 | 1257 | 1.4 mi |
| 23 | 4020 Calumet Dr | $2570 | 3 | 2 | 1260 | 1.5 mi |
| 24 | 3029 Towne Valley Rd | $1855 | 3 | 2 | 1312 | 0.9 mi |
| 25 | 3124 Kennebeck Pl | $2000 | 3 | 2 | 1220 | 2 mi |
Projections