REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property might be a fair Long-Term investment with a projected 3.71% first-year return on $42,000 initial cash invested.
Cash On Cash
3.71%
Cap Rate
7.71%
Rent
$1,815
Cashflow
$130
Rent Confidence: High
Annual
$21,780
Median
$1,775
Avg
$1,815
Samples
25
Financing
Purchase Price $200k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $42,000
Downpayment 20% $40,000
Closing costs 1% $2,000
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,815
Total Expenses $1,685
Mortgage P&I 59% $1,064
Property Taxes 4% $78
Home Insurance 4% $70
PManagement 10% $182
CapEx 5% $91
Vacancy 6% $109
Maintenance 5% $91
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 4026 W Maryland Ave | $1900 | 3 | 2 | 1398 | 0.4 mi |
| 2 | 6232 N 38th Ave | $1695 | 3 | 2 | 1416 | 0.8 mi |
| 3 | 3813 W Rose Ln | $2150 | 3 | 2 | 1416 | 0.9 mi |
| 4 | 4221 W Palo Verde Dr | $1775 | 3 | 2 | 1380 | 0.7 mi |
| 5 | 4450 W Solano Dr | $1725 | 3 | 2 | 1426 | 1 mi |
| 6 | 4450 W Solano | $1750 | 3 | 2 | 1426 | 1 mi |
| 7 | 3632 W Ocotillo Rd | $1675 | 3 | 2 | 1416 | 1.3 mi |
| 8 | 4251 W Keim Dr | $1695 | 3 | 2 | 1522 | 0.3 mi |
| 9 | 4117 W Cactus Wren Dr | $1995 | 3 | 2 | 1376 | 1 mi |
| 10 | 3605 W Bethany Home Rd, Apt 7 | $1349 | 3 | 2 | 1400 | 1.4 mi |
| 11 | 3940 W Glenn Dr | $1595 | 3 | 2 | 1446 | 1.4 mi |
| 12 | 4238 W Nicolet Ave | $2100 | 3 | 2 | 1397 | 1.5 mi |
| 13 | 3936 W Solar Dr | $2100 | 3 | 2 | 1460 | 1.3 mi |
| 14 | 4818 W Krall St | $1995 | 3 | 2 | 1456 | 1.3 mi |
| 15 | 4543 W Solano Dr N | $1900 | 3 | 2 | 1488 | 1.1 mi |
| 16 | 4332 W Maryland Ave | $1645 | 3 | 1.5 | 1408 | 0.3 mi |
| 17 | 6536 N 43rd Ave | $1450 | 3 | 1.5 | 1408 | 0.4 mi |
| 18 | 6226 N 36th Ave | $1940 | 3 | 2 | 1480 | 1.3 mi |
| 19 | 6537 N 44th Ave | $1700 | 3 | 1.5 | 1408 | 0.4 mi |
| 20 | 4522 W Keim Dr | $1895 | 3 | 2 | 1557 | 0.7 mi |
| 21 | 5640 N 46th Ave | $1875 | 3 | 2 | 1488 | 1.3 mi |
| 22 | 4008 W Mclellan Blvd | $1730 | 3 | 2 | 1570 | 0.6 mi |
| 23 | 4764 W Rose Ln | $1495 | 3 | 2 | 1320 | 1.1 mi |
| 24 | 4818 W Rose Ln | $2100 | 3 | 2 | 1320 | 1.1 mi |
| 25 | 3747 W Montebello Ave | $2135 | 3 | 2 | 1503 | 1.4 mi |
Projections