REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property might be a fair Long-Term investment with a projected 6.55% first-year return on $41,580 initial cash invested.
Cash On Cash
6.55%
Cap Rate
8.01%
Rent
$1,774
Cashflow
$227
Rent Confidence: High
Annual
$21,288
Median
$1,750
Avg
$1,775
Samples
25
Financing
Purchase Price $198k
Downpayment 20.0%
Interest Rate 6.5%
Mortgage Duration 30yr.
Cash To Invest
Total $41,580
Downpayment 20% $39,600
Closing costs 1% $1,980
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,774
Total Expenses $1,547
Mortgage P&I 57% $1,005
Property Taxes 1% $12
Home Insurance 4% $69
PManagement 10% $177
CapEx 5% $89
Vacancy 6% $106
Maintenance 5% $89
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2183 Patterson Ave | $1625 | 3 | 1 | 1092 | 0.2 mi |
| 2 | 2103 Patterson Ave | $1695 | 3 | 1 | 1125 | 0.3 mi |
| 3 | 1920 Attucks Ave | $1560 | 3 | 1 | 1020 | 0.4 mi |
| 4 | 4210 Gallimore St | $1750 | 3 | 1 | 1020 | 0.5 mi |
| 5 | 2151 S Ivey Ln | $1595 | 3 | 1.5 | 1080 | 0.2 mi |
| 6 | 4058 Ferrow St | $1675 | 3 | 1 | 1023 | 1.1 mi |
| 7 | 4061 Gay Nell Ct | $1450 | 3 | 1 | 1008 | 1 mi |
| 8 | 4510 Banneka St | $2450 | 3 | 1.5 | 1035 | 0.4 mi |
| 9 | 4533 Wheatley St | $1870 | 3 | 1 | 1274 | 0.6 mi |
| 10 | 4455 Wheatley St | $1695 | 3 | 1.5 | 1038 | 0.5 mi |
| 11 | 4730 King Cole Blvd | $1750 | 3 | 1.5 | 1038 | 0.6 mi |
| 12 | 4042 Ferrow St | $1800 | 3 | 1 | 960 | 1.1 mi |
| 13 | 4634 College Dr | $1700 | 3 | 1 | 1176 | 2.1 mi |
| 14 | 4484 Cepeda St | $1795 | 3 | 1.5 | 1170 | 0.7 mi |
| 15 | 4503 Kirkland Blvd | $1675 | 3 | 2 | 1104 | 0.1 mi |
| 16 | 4237 Schank Ct | $1695 | 3 | 2 | 1074 | 0.5 mi |
| 17 | 4227 Solomon Dr | $1650 | 3 | 2 | 1074 | 0.5 mi |
| 18 | 4765 Vargas St | $1710 | 3 | 1.5 | 1227 | 0.6 mi |
| 19 | 2449 Ravenall Ave | $1825 | 3 | 2 | 1136 | 0.4 mi |
| 20 | 1410 Heber Cir | $1900 | 3 | 2 | 1092 | 1.1 mi |
| 21 | 4469 King Cole Blvd | $1800 | 3 | 1.5 | 1300 | 0.2 mi |
| 22 | 4363 Lake Richmond Dr | $2000 | 3 | 1.5 | 910 | 0.3 mi |
| 23 | 4853 Lanette St | $1850 | 3 | 1 | 888 | 1.5 mi |
| 24 | 1105 Poppy Ave | $2000 | 3 | 1.5 | 1011 | 1.8 mi |
| 25 | 2178 Liston Ct | $1870 | 3 | 2 | 1035 | 0.7 mi |
Projections