REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -10.49% first-year return on $64,050 initial cash invested.
Cash On Cash
-10.49%
Cap Rate
4.55%
Rent
$1,889
Cashflow
-$560
Rent Confidence: High
Annual
$22,668
Median
$1,875
Avg
$1,888
Samples
25
Financing
Purchase Price $305k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $64,050
Downpayment 20% $61,000
Closing costs 1% $3,050
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,889
Total Expenses $2,449
Mortgage P&I 86% $1,623
Property Taxes 11% $215
Home Insurance 6% $107
HOA 1% $14
PManagement 10% $189
CapEx 5% $94
Vacancy 6% $113
Maintenance 5% $94
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3786 Marshlane Way | $1945 | 3 | 3 | 1614 | 0.7 mi |
| 2 | 6013 Ladish Ln | $1875 | 3 | 3 | 1641 | 0.5 mi |
| 3 | 6828 Lakinsville Ln | $1875 | 3 | 3 | 1626 | 0.8 mi |
| 4 | 3501 Kernstown Dr | $1895 | 3 | 3 | 1479 | 0.5 mi |
| 5 | 6701 Paint Rock Ln | $2768 | 3 | 3 | 1692 | 0.8 mi |
| 6 | 3575 Futura Ln | $1960 | 3 | 2.5 | 1559 | 0.1 mi |
| 7 | 4009 Laurel Glen Dr | $1885 | 3 | 3 | 1570 | 1.8 mi |
| 8 | 3356 Marshlane Way | $1875 | 3 | 2.5 | 1590 | 0.5 mi |
| 9 | 6208 Quitman Trl | $1675 | 3 | 2.5 | 1664 | 0.1 mi |
| 10 | 3404 Kernstown Dr | $1750 | 3 | 2.5 | 1639 | 0.3 mi |
| 11 | 3645 Brittlebank Dr | $1845 | 3 | 2.5 | 1557 | 0.5 mi |
| 12 | 5804 Carretta Ct | $1890 | 3 | 2.5 | 1614 | 0.6 mi |
| 13 | 6847 Paint Rock Ln | $1995 | 3 | 2.5 | 1604 | 0.7 mi |
| 14 | 3562 Aldie Ct, Unit 1 | $1595 | 3 | 2.5 | 1595 | 0.8 mi |
| 15 | 6854 Paint Rock Ln | $1745 | 3 | 2.5 | 1615 | 0.7 mi |
| 16 | 3762 Marshlane Way | $1745 | 3 | 2.5 | 1640 | 0.7 mi |
| 17 | 3610 Willano Way | $1900 | 3 | 2.5 | 1650 | 0.5 mi |
| 18 | 3021 Bracey Pl | $2025 | 3 | 2.5 | 1661 | 0.5 mi |
| 19 | 3532 Kernstown Dr | $1925 | 3 | 2.5 | 1650 | 0.6 mi |
| 20 | 3116 Mackinac Island Ln | $1810 | 3 | 2.5 | 1682 | 0.3 mi |
| 21 | 3737 Marshlane Way | $1845 | 3 | 2.5 | 1659 | 0.6 mi |
| 22 | 3775 Marshlane Way | $1800 | 3 | 2.5 | 1661 | 0.6 mi |
| 23 | 7113 Coral Seas Way | $1945 | 3 | 2.5 | 1666 | 0.9 mi |
| 24 | 3112 Mackinac Island Ln | $1740 | 3 | 2.5 | 1465 | 0.4 mi |
| 25 | 2514 Chert Ln | $1895 | 3 | 3 | 1748 | 1.8 mi |
Projections