REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -10.22% first-year return on $58,800 initial cash invested.
Cash On Cash
-10.22%
Cap Rate
4.61%
Rent
$1,738
Cashflow
-$501
Rent Confidence: High
Annual
$20,856
Median
$1,730
Avg
$1,760
Samples
25
Financing
Purchase Price $280k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $58,800
Downpayment 20% $56,000
Closing costs 1% $2,800
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,738
Total Expenses $2,239
Mortgage P&I 86% $1,490
Property Taxes 11% $199
Home Insurance 6% $98
PManagement 10% $174
CapEx 5% $87
Vacancy 6% $104
Maintenance 5% $87
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 4042 Ferrow St | $1800 | 3 | 1 | 960 | 0.7 mi |
| 2 | 4210 Gallimore St | $1750 | 3 | 1 | 1020 | 0.1 mi |
| 3 | 4853 Lanette St | $1850 | 3 | 1 | 888 | 1.8 mi |
| 4 | 1920 Attucks Ave | $1560 | 3 | 1 | 1020 | 0.2 mi |
| 5 | 4061 Gay Nell Ct | $1450 | 3 | 1 | 1008 | 0.6 mi |
| 6 | 4363 Lake Richmond Dr | $2000 | 3 | 1.5 | 910 | 0.6 mi |
| 7 | 4058 Ferrow St | $1675 | 3 | 1 | 1023 | 0.7 mi |
| 8 | 930 Aaron Ave | $1497 | 3 | 1 | 816 | 1.3 mi |
| 9 | 2183 Patterson Ave | $1625 | 3 | 1 | 1092 | 0.3 mi |
| 10 | 2103 Patterson Ave | $1695 | 3 | 1 | 1125 | 0.3 mi |
| 11 | 411 Gilman Cir | $1695 | 3 | 1 | 1000 | 2.3 mi |
| 12 | 5390 Botany Ct | $1899 | 3 | 1.5 | 906 | 2.3 mi |
| 13 | 4442 Brooke St | $1730 | 3 | 2 | 918 | 0.5 mi |
| 14 | 4822 Lanette St | $1650 | 3 | 1.5 | 960 | 1.7 mi |
| 15 | 4510 Banneka St | $2450 | 3 | 1.5 | 1035 | 0.7 mi |
| 16 | 4455 Wheatley St | $1695 | 3 | 1.5 | 1038 | 0.7 mi |
| 17 | 3337 Basie Pl | $1650 | 3 | 1 | 1052 | 2.2 mi |
| 18 | 2151 S Ivey Ln | $1595 | 3 | 1.5 | 1080 | 0.4 mi |
| 19 | 4730 King Cole Blvd | $1750 | 3 | 1.5 | 1038 | 1.1 mi |
| 20 | 4533 Wheatley St | $1870 | 3 | 1 | 1274 | 0.8 mi |
| 21 | 1105 Poppy Ave | $2000 | 3 | 1.5 | 1011 | 2.1 mi |
| 22 | 2178 Liston Ct | $1870 | 3 | 2 | 1035 | 0.2 mi |
| 23 | 544 S Cottage Hill Rd | $1750 | 3 | 2 | 920 | 2.3 mi |
| 24 | 4634 College Dr | $1700 | 3 | 1 | 1176 | 2.1 mi |
| 25 | 4484 Cepeda St | $1795 | 3 | 1.5 | 1170 | 0.8 mi |
Projections