REI Lense- Airbnb
- Long-Term
- Mid-Term
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This property might be a fair Long-Term investment with a projected 0.46% first-year return on $36,750 initial cash invested.
Cash On Cash
0.46%
Cap Rate
6.99%
Rent
$1,508
Cashflow
$14
Rent Confidence: High
Annual
$18,096
Median
$1,495
Avg
$1,508
Samples
25
Financing
Purchase Price $175k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $36,750
Downpayment 20% $35,000
Closing costs 1% $1,750
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,508
Total Expenses $1,494
Mortgage P&I 62% $931
Property Taxes 7% $111
Home Insurance 4% $61
PManagement 10% $151
CapEx 5% $75
Vacancy 6% $90
Maintenance 5% $75
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3310 Decatur St | $1800 | 3 | 1 | 928 | 0.1 mi |
| 2 | 3614 Lawson St | $1295 | 3 | 1 | 960 | 0.4 mi |
| 3 | 3806 Decatur St | $1533 | 3 | 1 | 910 | 0.5 mi |
| 4 | 3205 Hull St | $1450 | 3 | 1 | 876 | 0.4 mi |
| 5 | 3719 Moody Ave | $1800 | 3 | 1 | 1001 | 1.1 mi |
| 6 | 838 Greystone Ave | $1470 | 3 | 1 | 1028 | 0.9 mi |
| 7 | 3518 Crutchfield St | $1545 | 3 | 1 | 1029 | 1.1 mi |
| 8 | 1702 Edwards Ave | $1750 | 3 | 1 | 957 | 2.2 mi |
| 9 | 2306 Harwood St | $1349 | 3 | 1 | 979 | 1.9 mi |
| 10 | 2604 Perry St | $1600 | 3 | 1 | 1008 | 1.5 mi |
| 11 | 1513 Willis St | $1275 | 3 | 1 | 912 | 2.3 mi |
| 12 | 1609 Fairfax Ave | $1375 | 3 | 1 | 912 | 2.3 mi |
| 13 | 1305 Lynhaven Ave | $1349 | 3 | 1 | 998 | 2 mi |
| 14 | 1714 Gordon Ave | $1495 | 3 | 1 | 896 | 2.3 mi |
| 15 | 818 Bedrock Ln | $1375 | 3 | 1 | 1070 | 1.1 mi |
| 16 | 2101 Halifax Ave | $1550 | 3 | 1 | 1010 | 2 mi |
| 17 | 3314 Semmes Ave Unit A | $1400 | 3 | 1 | 825 | 1.3 mi |
| 18 | 3507 Lawson St | $1800 | 3 | 1 | 770 | 0.4 mi |
| 19 | 1309 Lynhaven Ave | $1260 | 3 | 1 | 1015 | 2 mi |
| 20 | 3504 E Broad Rock Rd | $1495 | 3 | 1 | 1200 | 0.1 mi |
| 21 | 3504 E Broad Rock Blvd | $1495 | 3 | 1 | 1200 | 0.1 mi |
| 22 | 833 Welton Ave | $1495 | 3 | 1.5 | 1016 | 0.8 mi |
| 23 | 2004 Halifax Ave | $1300 | 3 | 1 | 1038 | 2.1 mi |
| 24 | 1124 Hollister Ave | $1650 | 3 | 1.5 | 1040 | 0.6 mi |
| 25 | 2007 Albany Ave | $1795 | 3 | 1 | 1068 | 1.9 mi |
Projections