REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -5.59% first-year return on $65,100 initial cash invested.
Cash On Cash
-5.59%
Cap Rate
5.51%
Rent
$2,266
Cashflow
-$303
Rent Confidence: High
Annual
$27,192
Median
$1,900
Avg
$2,273
Samples
25
Financing
Purchase Price $310k
Downpayment 20.0%
Interest Rate 6.8%
Mortgage Duration 30yr.
Cash To Invest
Total $65,100
Downpayment 20% $62,000
Closing costs 1% $3,100
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,266
Total Expenses $2,569
Mortgage P&I 71% $1,613
Property Taxes 10% $217
Home Insurance 5% $108
HOA 2% $42
PManagement 10% $227
CapEx 5% $113
Vacancy 6% $136
Maintenance 5% $113
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3304 Planet Dr | $1700 | 3 | 2 | 1275 | 0.1 mi |
| 2 | 2101 Quail View Trl | $2000 | 3 | 2 | 1275 | 0.3 mi |
| 3 | 2600 Dermotte Ln | $1750 | 3 | 2 | 1236 | 0.3 mi |
| 4 | 2920 Bannf Ct | $1700 | 3 | 2 | 1247 | 0.4 mi |
| 5 | 2109 Havering Pl | $1980 | 3 | 2 | 1221 | 0.2 mi |
| 6 | 2700 W Jameson Rd | $1695 | 3 | 2 | 1196 | 0.3 mi |
| 7 | 2313 Carthage Cir | $1799 | 3 | 2 | 1352 | 0.7 mi |
| 8 | 2116 Havering Pl | $1785 | 3 | 2 | 1116 | 0.2 mi |
| 9 | 3001 Pinehurst Dr | $1840 | 3 | 2 | 1184 | 1.2 mi |
| 10 | 3309 Planet Dr | $1900 | 3 | 2.5 | 1218 | 0.2 mi |
| 11 | 3308 Derbyshire Pl | $1675 | 3 | 2 | 1100 | 0.4 mi |
| 12 | 3533 Piedmont Dr | $1805 | 3 | 2 | 1458 | 0.7 mi |
| 13 | 2708 Heathersmith Ct | $1795 | 3 | 2 | 1472 | 0.6 mi |
| 14 | 3501 E Jameson Rd | $1990 | 3 | 2 | 1486 | 0.6 mi |
| 15 | 3305 Gatcombe Plz | $1895 | 3 | 2 | 1524 | 0.6 mi |
| 16 | 2911 Mid Century Dr, # 4-401 | $3830 | 3 | 2 | 1436 | 1.5 mi |
| 17 | 2911 Mid Century Dr, # 2-423 | $3913 | 3 | 2 | 1436 | 1.5 mi |
| 18 | 2815 Capital Blvd, # 4-201 | $3764 | 3 | 2 | 1436 | 1.4 mi |
| 19 | 2815 Capital Blvd, # 4-301 | $2415 | 3 | 2 | 1436 | 1.4 mi |
| 20 | 2815 Capital Blvd, # 2-323 | $3408 | 3 | 2 | 1436 | 1.4 mi |
| 21 | 2911 Mid Century Dr, # 4-201 | $2947 | 3 | 2 | 1436 | 1.5 mi |
| 22 | 2911 Mid Century Dr, # 4-301 | $2123 | 3 | 2 | 1436 | 1.5 mi |
| 23 | 2911 Mid Century Dr, # 2-323 | $3379 | 3 | 2 | 1436 | 1.5 mi |
| 24 | 2217 Hatton Way | $1995 | 3 | 2 | 1500 | 1 mi |
| 25 | 4121 Standing Rock Way | $1750 | 3 | 2.5 | 1330 | 1.4 mi |
Projections