REI Lense- Airbnb
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This property might be a fair Long-Term investment with a projected 6.61% first-year return on $33,579 initial cash invested.
Cash On Cash
6.61%
Cap Rate
8.44%
Rent
$1,782
Cashflow
$185
Rent Confidence: High
Annual
$21,384
Median
$1,795
Avg
$1,786
Samples
25
Financing
Purchase Price $160k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $33,579
Downpayment 20% $31,980
Closing costs 1% $1,599
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,782
Total Expenses $1,597
Mortgage P&I 48% $851
Property Taxes 13% $227
Home Insurance 3% $56
PManagement 10% $178
CapEx 5% $89
Vacancy 6% $107
Maintenance 5% $89
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2831 Tanner St | $1900 | 2 | 2 | 1225 | 1.5 mi |
| 2 | 2607 Burger Ave | $1495 | 2 | 2 | 1110 | 1.7 mi |
| 3 | 2805 Carter St | $950 | 2 | 1 | 1236 | 1.2 mi |
| 4 | 4502 Bradshaw St | $1200 | 2 | 2 | 900 | 0.4 mi |
| 5 | 3275 Dallas Street-201 Dallas St | $1485 | 2 | 2 | 1.3 mi | |
| 6 | 4205 Metropolitan Ave, Unit 103 | $1150 | 2 | 1 | 1320 | 1.1 mi |
| 7 | 1624 Fleetwood St | $2400 | 2 | 2.5 | 1518 | 1.8 mi |
| 8 | 1624-6114 Fleetwood St | $2400 | 2 | 2.5 | 1518 | 1.8 mi |
| 9 | 3603 York St | $1900 | 2 | 1 | 986 | 0.2 mi |
| 10 | 3307 Reed Ln | $1400 | 2 | 1 | 1000 | 0.4 mi |
| 11 | 3717 Myrtle St | $2499 | 2 | 1 | 1084 | 1.4 mi |
| 12 | 1622 Fleetwood St | $2400 | 2 | 2.5 | 1550 | 1.8 mi |
| 13 | 3455 Roberts Ave | $1595 | 2 | 1 | 1050 | 1.2 mi |
| 14 | 3116 South Blvd, Unit 3118 | $1500 | 2 | 2 | 850 | 1.8 mi |
| 15 | 2714 Hector St | $2150 | 3 | 2 | 1233 | 0.4 mi |
| 16 | 3116 South Blvd, Unit 3116 | $1400 | 2 | 2 | 850 | 1.8 mi |
| 17 | 2926 Carpenter Ave | $1595 | 3 | 2 | 1232 | 0.9 mi |
| 18 | 4111 Robert L Parish Sr Ave | $1795 | 3 | 2 | 1200 | 0.5 mi |
| 19 | 3726 Copeland St | $1805 | 3 | 2 | 1298 | 0.3 mi |
| 20 | 4111 Marshall St | $1695 | 3 | 2 | 1186 | 0.6 mi |
| 21 | 4622 Bradshaw St | $1895 | 3 | 2 | 1300 | 0.5 mi |
| 22 | 4321 Frank St | $1800 | 3 | 2 | 1200 | 1 mi |
| 23 | 4209 Metropolitan Ave | $2200 | 3 | 2 | 1202 | 1.1 mi |
| 24 | 3910 Copeland St | $2250 | 3 | 2 | 1336 | 0.4 mi |
| 25 | 3622 Cauthorn Dr | $1795 | 3 | 2 | 1300 | 0.8 mi |
Projections