REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -12.36% first-year return on $56,700 initial cash invested.
Cash On Cash
-12.36%
Cap Rate
4.11%
Rent
$1,425
Cashflow
-$584
Rent Confidence: High
Annual
$17,100
Median
$1,350
Avg
$1,424
Samples
25
Financing
Purchase Price $270k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $56,700
Downpayment 20% $54,000
Closing costs 1% $2,700
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,425
Total Expenses $2,009
Mortgage P&I 101% $1,437
Property Taxes 8% $108
Home Insurance 7% $94
PManagement 10% $142
CapEx 5% $71
Vacancy 6% $86
Maintenance 5% $71
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 354 Clearwater Dr | $1450 | 2 | 1.5 | 1040 | 0 mi |
| 2 | 804 Holder Ct | $1850 | 2 | 2 | 1024 | 1.5 mi |
| 3 | 580 Flintlock Ct | $2000 | 2 | 2 | 1216 | 1.2 mi |
| 4 | 2548 Willowbranch Dr | $1450 | 2 | 1.5 | 1100 | 1.1 mi |
| 5 | 2546 Willowbranch Dr | $1250 | 2 | 1.5 | 1100 | 1.1 mi |
| 6 | 758 Holder Dr | $1350 | 2 | 1.5 | 1056 | 1.5 mi |
| 7 | 3304 Oak Trees Ct | $1595 | 2 | 2 | 973 | 1.9 mi |
| 8 | 760 Holder Dr | $1350 | 2 | 1.5 | 1056 | 1.5 mi |
| 9 | 748 Holder Dr | $1295 | 2 | 1.5 | 1056 | 1.5 mi |
| 10 | 1019 Wesleyville St | $1275 | 2 | 1.5 | 1056 | 1.6 mi |
| 11 | 3026 Mossdale Dr | $1295 | 2 | 1.5 | 1123 | 1.1 mi |
| 12 | 620 Castlegate Dr | $1295 | 2 | 1.5 | 1056 | 1.7 mi |
| 13 | 626 Castlegate Dr | $1295 | 2 | 1.5 | 1056 | 1.7 mi |
| 14 | 3305 Oak Trees Ct | $1600 | 2 | 2 | 1196 | 1.9 mi |
| 15 | 3001 Hamilton Church Rd, Unit 401 | $1595 | 2 | 2 | 1209 | 1.8 mi |
| 16 | 739 Lake Terrace Dr | $1595 | 2 | 1.5 | 1024 | 1.4 mi |
| 17 | 740 Holder Dr | $1350 | 2 | 1.5 | 1024 | 1.5 mi |
| 18 | 744 Holder Dr | $1350 | 2 | 1.5 | 1024 | 1.5 mi |
| 19 | 722 Holder Dr | $1325 | 2 | 1.5 | 1024 | 1.6 mi |
| 20 | 711 Holder Dr | $1350 | 2 | 1.5 | 1024 | 1.6 mi |
| 21 | 822 Holder Ct | $1195 | 2 | 1.5 | 1024 | 1.6 mi |
| 22 | 3112 Justin Towne Ct | $1500 | 2 | 1.5 | 1104 | 1.9 mi |
| 23 | 2456 Scott Valley Dr | $1350 | 2 | 1.5 | 1008 | 1.5 mi |
| 24 | 1017 Wesleyville St | $1300 | 2 | 1.5 | 1000 | 1.5 mi |
| 25 | 3251 Anderson Rd | $1350 | 2 | 1.5 | 1116 | 1.9 mi |
Projections