REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -10.14% first-year return on $83,580 initial cash invested.
Cash On Cash
-10.14%
Cap Rate
4.6%
Rent
$2,280
Cashflow
-$706
Rent Confidence: High
Annual
$27,360
Median
$2,300
Avg
$2,307
Samples
25
Financing
Purchase Price $398k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $83,580
Downpayment $79,600
Closing costs $3,980
Rehab $0
Furnishing $0
Cashflow
Total Income $2,280
Total Expenses $2,986
Mortgage P&I $2,118
Property Taxes $136
Home Insurance $139
PManagement $228
CapEx $114
Vacancy $137
Maintenance $114
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 22 Fenner Ave | $3200 | 3 | 2 | 1300 | 0.8 mi |
| 2 | 55 Elizabeth Pl | $2800 | 3 | 2 | 1096 | 2.9 mi |
| 3 | 28 Inglewood Rd | $2850 | 3 | 2 | 1280 | 1.1 mi |
| 4 | 55 Blackwood Rd | $2800 | 3 | 2 | 1397 | 0.6 mi |
| 5 | 9 Lee Ave | $2325 | 3 | 1.5 | 1050 | 1.5 mi |
| 6 | 38 Ottari Rd | $1975 | 3 | 1 | 1204 | 0 mi |
| 7 | 59 Shorewood Dr | $2400 | 3 | 2 | 0.7 mi | |
| 8 | 13 Garden Rd | $2300 | 3 | 2 | 902 | 2.1 mi |
| 9 | 17 Sycamore St | $2195 | 3 | 2 | 1.5 mi | |
| 10 | 16 Spears Ave | $2200 | 3 | 2.5 | 1240 | 2.2 mi |
| 11 | 121 Chatham Rd | $1995 | 3 | 1 | 1021 | 1.3 mi |
| 12 | 30 Edgemont Rd, Apt 24 | $1825 | 3 | 2 | 1.8 mi | |
| 13 | 28 Edgemont Rd, Apt 14 | $1825 | 3 | 2 | 1.8 mi | |
| 14 | 28-30 Edgemont Rd, # 14 | $1895 | 3 | 2 | 1.8 mi | |
| 15 | 28-30 Edgemont Rd, # 19 | $1895 | 3 | 2 | 1.8 mi | |
| 16 | 40 Gertrude Pl, Apt 9 | $2375 | 3 | 2 | 1473 | 2 mi |
| 17 | 8 Salem Ave | $2300 | 3 | 2 | 1543 | 1.4 mi |
| 18 | 15 Conestee Pl | $2495 | 3 | 2 | 1.9 mi | |
| 19 | 65 Montview Dr | $2295 | 3 | 2 | 1508 | 2 mi |
| 20 | 7A Woodfin Ave | $2395 | 3 | 2.5 | 1272 | 2.8 mi |
| 21 | 210 Gdn Cv Ln | $2450 | 3 | 2.5 | 1400 | 2 mi |
| 22 | 16 Spears Ave, Apt 9 | $2100 | 3 | 2.5 | 1378 | 2.2 mi |
| 23 | 16 Spears Ave, Apt 23 | $2595 | 3 | 2.5 | 1390 | 2.1 mi |
| 24 | 72 Green Oak Rd | $1800 | 3 | 2 | 2.9 mi | |
| 25 | 212 Garden Cv, Unit Upper | $2395 | 3 | 2.5 | 1458 | 2 mi |