REI Lense- Airbnb
- Long-Term
- Mid-Term
This property might be a fair Long-Term investment with a projected 3.52% first-year return on $32,739 initial cash invested.
Cash On Cash
3.52%
Cap Rate
7.7%
Rent
$1,502
Cashflow
$96
Rent Confidence: High
Annual
$18,024
Median
$1,500
Avg
$1,502
Samples
25
Financing
Purchase Price $156k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $32,739
Downpayment $31,180
Closing costs $1,559
Rehab $0
Furnishing $0
Cashflow
Total Income $1,502
Total Expenses $1,406
Mortgage P&I $830
Property Taxes $131
Home Insurance $55
PManagement $150
CapEx $75
Vacancy $90
Maintenance $75
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2545 Metropolitan Ave | $1599 | 3 | 1 | 936 | 0.4 mi |
| 2 | 3907 Roberts Ave | $1500 | 3 | 1 | 908 | 1 mi |
| 3 | 3618 Jeffries St | $1695 | 3 | 1 | 960 | 0.8 mi |
| 4 | 3626 Meyers St | $1350 | 3 | 1 | 872 | 0.9 mi |
| 5 | 3238 Spring Ave | $1450 | 3 | 1 | 988 | 1.1 mi |
| 6 | 3819 Pine St | $1395 | 3 | 1 | 909 | 1.8 mi |
| 7 | 2503 Scott St | $1550 | 3 | 1 | 896 | 1.8 mi |
| 8 | 3214 Pine St | $1395 | 3 | 1 | 1015 | 1 mi |
| 9 | 2533 Warren Ave | $1500 | 3 | 1 | 1048 | 0.8 mi |
| 10 | 3046 Pine St | $1500 | 3 | 1 | 1054 | 0.9 mi |
| 11 | 3603 Kenilworth St | $1595 | 3 | 1 | 1000 | 1.6 mi |
| 12 | 4514 Electra St | $1475 | 3 | 1 | 1032 | 1.1 mi |
| 13 | 2605 Warren Ave | $1725 | 3 | 1 | 1080 | 0.8 mi |
| 14 | 2216 Marburg St | $1750 | 3 | 1 | 1088 | 0.9 mi |
| 15 | 3323 Goldspier Dr | $1300 | 3 | 1 | 1064 | 1.5 mi |
| 16 | 3323 Goldspier Dr, Unit 1 | $1300 | 3 | 1 | 1064 | 1.5 mi |
| 17 | 3408 Spring Ave | $1395 | 3 | 1 | 780 | 1.3 mi |
| 18 | 3812 Crozier St | $1826 | 3 | 2 | 964 | 0.2 mi |
| 19 | 3522 Jeffries St | $1675 | 3 | 2 | 928 | 0.8 mi |
| 20 | 3204 Tuskegee St | $1495 | 3 | 2 | 909 | 1 mi |
| 21 | 3918 Coolidge St | $1310 | 3 | 2 | 909 | 1.1 mi |
| 22 | 3525 Cauthorn Dr | $1500 | 3 | 1 | 1125 | 1.8 mi |
| 23 | 2001 Jb Jackson Jr Blvd | $1495 | 3 | 2 | 909 | 1.3 mi |
| 24 | 2551 Elsie Faye Heggins St | $1255 | 3 | 2 | 876 | 0.8 mi |
| 25 | 2637 Elsie Faye Heggins St | $1520 | 3 | 2 | 876 | 0.8 mi |