REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -18.22% first-year return on $175k initial cash invested.
Cash On Cash
-18.22%
Cap Rate
2.54%
Rent
$3,536
Cashflow
-$2,662
Rent Confidence: High
Annual
$42,432
Median
$3,325
Avg
$3,422
Samples
25
Financing
Purchase Price $835k
Downpayment 20.0%
Interest Rate 6.6%
Mortgage Duration 30yr.
Cash To Invest
Total $175k
Downpayment 20% $167k
Closing costs 1% $8,350
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $3,536
Total Expenses $6,198
Mortgage P&I 120% $4,251
Property Taxes 21% $735
Home Insurance 8% $292
PManagement 10% $354
CapEx 5% $177
Vacancy 6% $212
Maintenance 5% $177
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 18 Falmouth Rd | $5250 | 4 | 3 | 2380 | 4.5 mi |
| 2 | 18 Patricia Ln | $3500 | 4 | 2 | 1906 | 0.7 mi |
| 3 | 183 Prospect Street Prospect St, Unit 183 | $4000 | 4 | 2 | 2200 | 5.5 mi |
| 4 | 19 Brookside Dr | $3300 | 3 | 2.5 | 2300 | 2.2 mi |
| 5 | 32 Brook Rd, Unit 1 | $4200 | 3 | 2 | 2184 | 2.8 mi |
| 6 | 43 Redlon Park Rd | $3500 | 3 | 3 | 2088 | 5.9 mi |
| 7 | 43 Sunset Rd | $3000 | 3 | 3 | 2500 | 6.2 mi |
| 8 | 27 Belknap St | $3325 | 4 | 1.5 | 1732 | 5.4 mi |
| 9 | 195 Pleasant Ave, # 195 | $4200 | 3 | 3 | 1700 | 4.8 mi |
| 10 | 17 Arlington St | $3400 | 3 | 2 | 2200 | 5.3 mi |
| 11 | 107 Oakdale St | $3300 | 3 | 2 | 2300 | 5.9 mi |
| 12 | 42 Savoy St | $3600 | 3 | 2 | 2016 | 4.7 mi |
| 13 | 65 Haskell St | $2500 | 4 | 1 | 6.2 mi | |
| 14 | 9 Just-mere Rd | $5000 | 3 | 2.5 | 5.1 mi | |
| 15 | 181 Carlson St | $3595 | 3 | 2 | 1650 | 3.4 mi |
| 16 | 18 Jackson St | $2950 | 3 | 1.5 | 1400 | 0.7 mi |
| 17 | 15 Seavey St | $3000 | 4 | 1 | 1400 | 5.8 mi |
| 18 | 88 Hastings St | $2860 | 4 | 1 | 1376 | 5.7 mi |
| 19 | 17 Arlington St, Unit 17 | $3200 | 3 | 1.5 | 2000 | 5.3 mi |
| 20 | 220 Veranda St | $3750 | 3 | 2 | 1697 | 5 mi |
| 21 | 22 Bailey Ave | $1750 | 3 | 1 | 2.2 mi | |
| 22 | 156 Winn Rd | $2895 | 3 | 2 | 1650 | 5.4 mi |
| 23 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 3.4 mi |
| 24 | 21 Mayfield St, # 2 | $3000 | 3 | 2 | 1300 | 3.4 mi |
| 25 | 56 Chenery St | $3670 | 3 | 2 | 1494 | 5 mi |
Projections