REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -13.52% first-year return on $59,829 initial cash invested.
Cash On Cash
-13.52%
Cap Rate
3.85%
Rent
$1,418
Cashflow
-$674
Rent Confidence: High
Annual
$17,016
Median
$1,440
Avg
$1,416
Samples
25
Financing
Purchase Price $285k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $59,829
Downpayment 20% $56,980
Closing costs 1% $2,849
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,418
Total Expenses $2,092
Mortgage P&I 107% $1,516
Property Taxes 8% $107
Home Insurance 7% $100
PManagement 10% $142
CapEx 5% $71
Vacancy 6% $85
Maintenance 5% $71
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1229 8th St | $1750 | 2 | 1 | 920 | 0.7 mi |
| 2 | 1012 Debow St | $1025 | 2 | 1 | 1000 | 0.8 mi |
| 3 | 1309 Jones St | $1850 | 2 | 1 | 918 | 1.1 mi |
| 4 | 900 Elliston St | $1550 | 2 | 1 | 864 | 0.7 mi |
| 5 | 1403 Bryan St | $1350 | 2 | 1 | 1020 | 1.3 mi |
| 6 | 901 Berry St | $1500 | 2 | 1 | 851 | 0.7 mi |
| 7 | 1008 Elliston St | $1600 | 2 | 1 | 851 | 0.8 mi |
| 8 | 1406 Debow St | $1400 | 2 | 1 | 874 | 1.3 mi |
| 9 | 1404 Debow St | $1595 | 2 | 1 | 854 | 1.2 mi |
| 10 | 1509 Meadow Bend Dr | $1440 | 2 | 1 | 930 | 3.5 mi |
| 11 | 511 Jones Rd | $1275 | 2 | 1 | 728 | 0.2 mi |
| 12 | 128 Anthony St | $1550 | 2 | 1 | 900 | 3.3 mi |
| 13 | 217 Sterling Rd, Unit A | $1600 | 2 | 1 | 1050 | 3.5 mi |
| 14 | 215 Ensley Ave | $1095 | 2 | 1 | 755 | 1.8 mi |
| 15 | 117 Scenic View Rd, Unit A | $1300 | 2 | 1 | 750 | 2.3 mi |
| 16 | 416 Rayon Dr, Unit C | $900 | 2 | 1 | 700 | 1.6 mi |
| 17 | 1500B Meadow Bend Dr | $1300 | 2 | 1 | 800 | 3.4 mi |
| 18 | 1207 Shawnee Rd | $1395 | 2 | 1 | 770 | 3.2 mi |
| 19 | 165B Vulco Dr | $1450 | 2 | 1 | 2.4 mi | |
| 20 | 430 Walton Ferry Rd, Apt 200 | $1500 | 2 | 1.5 | 1050 | 3.4 mi |
| 21 | 430 Walton Ferry Rd, Apt 1700 | $1600 | 2 | 1.5 | 1064 | 3.4 mi |
| 22 | 609 Brentmeadow Cir | $1725 | 2 | 2 | 956 | 3.5 mi |
| 23 | 1174 Sioux Ter | $1195 | 2 | 1 | 760 | 3.4 mi |
| 24 | 1507 Meadow Bend Dr | $1200 | 2 | 1 | 759 | 3.5 mi |
| 25 | 1408 Indian Woods Dr | $1250 | 2 | 1 | 760 | 3.5 mi |
Projections