REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -19.96% first-year return on $180k initial cash invested.
Cash On Cash
-19.96%
Cap Rate
2.15%
Rent
$3,314
Cashflow
-$3,000
Rent Confidence: High
Annual
$39,768
Median
$3,300
Avg
$3,174
Samples
25
Financing
Purchase Price $859k
Downpayment 20.0%
Interest Rate 6.6%
Mortgage Duration 30yr.
Cash To Invest
Total $180k
Downpayment 20% $172k
Closing costs 1% $8,590
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $3,314
Total Expenses $6,314
Mortgage P&I 132% $4,373
Property Taxes 23% $778
Home Insurance 9% $301
PManagement 10% $331
CapEx 5% $166
Vacancy 6% $199
Maintenance 5% $166
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 183 Prospect Street Prospect St, Unit 183 | $4000 | 4 | 2 | 2200 | 1.6 mi |
| 2 | 27 Belknap St | $3325 | 4 | 1.5 | 1732 | 1.7 mi |
| 3 | 107 Oakdale St | $3300 | 3 | 2 | 2300 | 1.3 mi |
| 4 | 17 Arlington St | $3400 | 3 | 2 | 2200 | 0.9 mi |
| 5 | 81 Granite St, Apt 2 | $3495 | 4 | 1 | 1900 | 2.1 mi |
| 6 | 81 Granite St | $3495 | 4 | 1 | 1900 | 2.1 mi |
| 7 | 81 Granite St, Apt 1 | $3295 | 4 | 1 | 1900 | 2.1 mi |
| 8 | 240 Park Ave, # 1 | $4000 | 4 | 2 | 1450 | 2.5 mi |
| 9 | 42 Savoy St | $3600 | 3 | 2 | 2016 | 1.4 mi |
| 10 | 17 Arlington St, Unit 17 | $3200 | 3 | 1.5 | 2000 | 0.9 mi |
| 11 | 75 Roberts St | $2530 | 3 | 2 | 2 mi | |
| 12 | 88 Hastings St | $2860 | 4 | 1 | 1376 | 2.5 mi |
| 13 | 571 Cumberland Ave, Apt 3 | $930 | 1 | 2.6 mi | ||
| 14 | 571 Cumberland Ave, Apt 6 | $1200 | 1 | 2.6 mi | ||
| 15 | 56 Chenery St | $3670 | 3 | 2 | 1494 | 0.5 mi |
| 16 | 220 Veranda St | $3750 | 3 | 2 | 1697 | 2.4 mi |
| 17 | 101 North St, Apt 4 | $3950 | 3 | 2 | 1680 | 2.4 mi |
| 18 | 43 Redlon Park Rd | $3500 | 3 | 3 | 2088 | 2.3 mi |
| 19 | 1056 Forest Avenue-1056 Forest Ave, Apt 1 | $2750 | 3 | 1 | 1.2 mi | |
| 20 | 523 Washington Ave, # 523-2 | $2688 | 3 | 1 | 1.7 mi | |
| 21 | 21 Mayfield St, # 2 | $3000 | 3 | 2 | 1300 | 1.7 mi |
| 22 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 1.7 mi |
| 23 | 22 Hawthorne St, Unit 1 | $3200 | 3 | 1 | 2.1 mi | |
| 24 | 195 Pleasant Ave, # 195 | $4200 | 3 | 3 | 1700 | 1.4 mi |
| 25 | 77 William St, # 1 | $3200 | 3 | 2 | 1200 | 1.5 mi |
Projections