REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -8.66% first-year return on $49,350 initial cash invested.
Cash On Cash
-8.66%
Cap Rate
4.95%
Rent
$1,478
Cashflow
-$356
Rent Confidence: High
Annual
$17,736
Median
$1,495
Avg
$1,478
Samples
25
Financing
Purchase Price $235k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $49,350
Downpayment 20% $47,000
Closing costs 1% $2,350
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,478
Total Expenses $1,834
Mortgage P&I 85% $1,251
Property Taxes 8% $116
Home Insurance 6% $82
PManagement 10% $148
CapEx 5% $74
Vacancy 6% $89
Maintenance 5% $74
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 4332 Welling Ave | $1500 | 3 | 1 | 1000 | 0.4 mi |
| 2 | 4164 Welling Ave | $1325 | 3 | 1 | 1014 | 0.7 mi |
| 3 | 322 S Ramsey St | $1550 | 3 | 1 | 1060 | 0.2 mi |
| 4 | 520 Porter St | $1395 | 3 | 1 | 1056 | 0.4 mi |
| 5 | 912 Lewiston Ave | $1500 | 3 | 1 | 1000 | 0.9 mi |
| 6 | 4148 Welling Ave | $1500 | 3 | 1 | 978 | 0.8 mi |
| 7 | 4714 Ridgeley Dr | $1550 | 3 | 1 | 1088 | 0.3 mi |
| 8 | 4316 Hovis Rd | $1395 | 3 | 1 | 1092 | 0.3 mi |
| 9 | 4400 Welling Ave | $1395 | 3 | 1 | 950 | 0.4 mi |
| 10 | 1409 Weststone Dr | $1449 | 3 | 1 | 1028 | 1.2 mi |
| 11 | 641 Reeves Ct | $1475 | 3 | 1 | 1068 | 0.7 mi |
| 12 | 4912 Morgan St | $1680 | 3 | 1 | 950 | 0.5 mi |
| 13 | 4200 Rochelle Ln | $1395 | 3 | 1 | 1077 | 0.6 mi |
| 14 | 4318 Toluca Pl | $1990 | 3 | 1 | 1100 | 0.4 mi |
| 15 | 4953 Winchester St | $1545 | 3 | 1 | 950 | 0.7 mi |
| 16 | 4908 Winchester St | $1495 | 3 | 1 | 1110 | 0.5 mi |
| 17 | 3905 Tillman Rd | $1500 | 3 | 1 | 980 | 1.3 mi |
| 18 | 4927 Morgan St | $1395 | 3 | 1 | 925 | 0.6 mi |
| 19 | 312 N Linwood Ave | $1459 | 3 | 1 | 960 | 1.2 mi |
| 20 | 4829 Ridgeley Dr | $1550 | 3 | 1.5 | 978 | 0.2 mi |
| 21 | 3910 Barlowe Rd | $1435 | 3 | 1 | 950 | 1.3 mi |
| 22 | 4600 Ridgeley Dr | $1600 | 3 | 1.5 | 1040 | 0.5 mi |
| 23 | 4712 Hovis Rd | $985 | 3 | 1 | 900 | 0.7 mi |
| 24 | 4136 Tillman Rd | $1350 | 3 | 1 | 1146 | 0.8 mi |
| 25 | 131 Goff St | $1525 | 3 | 1 | 882 | 0.6 mi |
Projections