REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -8.72% first-year return on $65,079 initial cash invested.
Cash On Cash
-8.72%
Cap Rate
4.83%
Rent
$1,935
Cashflow
-$473
Rent Confidence: High
Annual
$23,220
Median
$1,875
Avg
$1,933
Samples
25
Financing
Purchase Price $310k
Downpayment 20.0%
Interest Rate 6.8%
Mortgage Duration 30yr.
Cash To Invest
Total $65,079
Downpayment 20% $61,980
Closing costs 1% $3,099
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,935
Total Expenses $2,408
Mortgage P&I 84% $1,623
Property Taxes 9% $173
Home Insurance 6% $108
PManagement 10% $194
CapEx 5% $97
Vacancy 6% $116
Maintenance 5% $97
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 419 E Wind Dr | $1800 | 3 | 2.5 | 1570 | 0.2 mi |
| 2 | 45 Anchor Ln | $2300 | 3 | 2.5 | 1554 | 0.1 mi |
| 3 | 32 W Acacia Pl | $1950 | 3 | 2.5 | 1586 | 1.2 mi |
| 4 | 24 Acacia Pl | $2000 | 3 | 2.5 | 1587 | 1.3 mi |
| 5 | 216 Tea Party Trl | $2000 | 3 | 2.5 | 1514 | 0.8 mi |
| 6 | 227 Tea Party Trl | $2000 | 3 | 2.5 | 1509 | 0.8 mi |
| 7 | 237 Tea Party Trl | $2000 | 3 | 2.5 | 1484 | 0.8 mi |
| 8 | 132 Revolutionary Blvd | $1800 | 3 | 2.5 | 1469 | 1 mi |
| 9 | 9 Meadowlark Ln | $2550 | 3 | 3 | 1792 | 2.1 mi |
| 10 | 1500 S Hancock Ave | $2200 | 3 | 2.5 | 1476 | 1.3 mi |
| 11 | 124 Revolutionary Blvd | $1800 | 3 | 2.5 | 1443 | 1 mi |
| 12 | 104 Lexington Pl | $1700 | 3 | 2.5 | 1512 | 1.7 mi |
| 13 | 174 Holmes St | $1900 | 3 | 2.5 | 1470 | 2.2 mi |
| 14 | 41 Anchor Ln | $1800 | 3 | 2 | 1397 | 0.1 mi |
| 15 | 1428 Hopkins Ave | $2300 | 3 | 2 | 1500 | 1.3 mi |
| 16 | 26 Moriarity St | $1800 | 3 | 2.5 | 1424 | 2.1 mi |
| 17 | 30 Moriarity St | $1850 | 3 | 2.5 | 1424 | 2.1 mi |
| 18 | 337 W Wind Dr | $2300 | 3 | 2.5 | 2129 | 0.1 mi |
| 19 | 133 Revolutionary Blvd | $1800 | 3 | 2 | 1411 | 1 mi |
| 20 | 38 Upland Ave | $1950 | 3 | 2 | 1422 | 1.2 mi |
| 21 | 128 Lexington Pl | $1700 | 3 | 2 | 1452 | 1.6 mi |
| 22 | 133 Lady Bug Dr | $1800 | 3 | 2.5 | 1916 | 1.9 mi |
| 23 | 116 Revolutionary Blvd | $1850 | 3 | 2 | 1341 | 1 mi |
| 24 | 28 Welch Dr E | $1300 | 3 | 2 | 1404 | 1.7 mi |
| 25 | 317 N Bradford St | $1875 | 3 | 1.5 | 1577 | 2 mi |
Projections