REI Lense- Airbnb
- Long-Term
- Mid-Term
This property might be a fair Long-Term investment with a projected 1.14% first-year return on $25,200 initial cash invested.
Cash On Cash
1.14%
Cap Rate
7.24%
Rent
$1,226
Cashflow
$24
Rent Confidence: High
Annual
$14,712
Median
$1,195
Avg
$1,227
Samples
25
Financing
Purchase Price $120k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $25,200
Downpayment $24,000
Closing costs $1,200
Rehab $0
Furnishing $0
Cashflow
Total Income $1,226
Total Expenses $1,202
Mortgage P&I $639
Property Taxes $202
Home Insurance $42
PManagement 10% $123
CapEx 5% $61
Vacancy 6% $74
Maintenance 5% $61
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 4724 Stokes St | $1100 | 2 | 1 | 728 | 0.3 mi |
| 2 | 3550 E Overton Rd, Unit C2 | $1064 | 2 | 1 | 790 | 2.3 mi |
| 3 | 3119 Beauchamp St | $1100 | 2 | 1 | 776 | 2.5 mi |
| 4 | 3550 E Overton Rd, Unit C1 | $1084 | 2 | 1 | 807 | 2.3 mi |
| 5 | 2918 Bardwell Ave | $1200 | 2 | 1 | 783 | 3.3 mi |
| 6 | 2663 Ann Arbor Dr | $1450 | 2 | 1 | 800 | 3.4 mi |
| 7 | 2755 E Ledbetter Dr, Unit C6 | $1064 | 2 | 1 | 777 | 3.8 mi |
| 8 | 2755 E Ledbetter Dr, Unit C5 | $1079 | 2 | 1 | 796 | 3.8 mi |
| 9 | 2812 Canary Dr | $1400 | 2 | 1 | 812 | 3.5 mi |
| 10 | 6415 Godfrey Ave | $1500 | 2 | 1 | 751 | 3.6 mi |
| 11 | 2755 E Ledbetter Dr, Unit C7 | $1064 | 2 | 1 | 756 | 3.8 mi |
| 12 | 552 Ella Ave | $1350 | 2 | 1 | 858 | 3 mi |
| 13 | 2755 E Ledbetter Dr, Unit C4 | $1079 | 2 | 1 | 816 | 3.8 mi |
| 14 | 2603 Volga Ave | $1400 | 2 | 1 | 812 | 3.8 mi |
| 15 | 2755 E Ledbetter Dr, Unit C8 | $1064 | 2 | 1 | 752 | 3.8 mi |
| 16 | 2781 Moffatt Ave | $1200 | 2 | 1 | 720 | 3.1 mi |
| 17 | 2654 Volga Ave | $1675 | 2 | 1 | 828 | 3.6 mi |
| 18 | 2755 E Ledbetter Dr, Unit C3 | $1079 | 2 | 1 | 825 | 3.8 mi |
| 19 | 2636 Volga Ave | $1300 | 2 | 1 | 828 | 3.7 mi |
| 20 | 2644 Kathleen Ave | $1525 | 2 | 1 | 828 | 3.7 mi |
| 21 | 2807 Frost Ave | $1200 | 2 | 1 | 753 | 4.2 mi |
| 22 | 2528 Lea Crest Dr | $1250 | 2 | 1 | 840 | 4.1 mi |
| 23 | 3432 Great Trinity Forest Way, Apt 1012 | $1150 | 2 | 1.5 | 867 | 2.3 mi |
| 24 | 2902 Brigham Ln | $1100 | 2 | 1 | 872 | 4.1 mi |
| 25 | 1636 Garden Dr | $1195 | 2 | 1 | 700 | 4 mi |