REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -4.72% first-year return on $36,645 initial cash invested.
Cash On Cash
-4.72%
Cap Rate
5.93%
Rent
$1,566
Cashflow
-$144
Rent Confidence: High
Annual
$18,792
Median
$1,599
Avg
$1,560
Samples
25
Financing
Purchase Price $175k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $36,645
Downpayment 20% $34,900
Closing costs 1% $1,745
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,566
Total Expenses $1,710
Mortgage P&I 59% $929
Property Taxes 20% $313
Home Insurance 4% $61
PManagement 10% $157
CapEx 5% $78
Vacancy 6% $94
Maintenance 5% $78
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 898 Oak St SW, Unit 1 | $1875 | 2 | 2 | 1019 | 0.5 mi |
| 2 | 898 Oak St SW, Unit 1327 | $2220 | 2 | 2 | 1036 | 0.5 mi |
| 3 | 387 Joseph E Lowery Blvd SW | $1179 | 2 | 2 | 0.6 mi | |
| 4 | 393 Hopkins St SW | $1950 | 2 | 2 | 984 | 0.9 mi |
| 5 | 978 Ashby Grv SW | $1750 | 2 | 2 | 1650 | 0.9 mi |
| 6 | 1017 Ashby Grv SW | $1599 | 2 | 2 | 1104 | 0.9 mi |
| 7 | 855 Beecher St SW, Unit 1 | $1695 | 2 | 2 | 976 | 1 mi |
| 8 | 855 Beecher St SW | $1695 | 2 | 2 | 976 | 1.1 mi |
| 9 | 562 Muse St SW | $2095 | 2 | 2 | 2000 | 1.1 mi |
| 10 | 835 Oglethorpe Ave SW | $1230 | 0.9 mi | |||
| 11 | 432 Atwood St SW | $1950 | 2 | 1.5 | 2088 | 0.6 mi |
| 12 | 878 Oglethorpe Ave SW | $1350 | 2 | 1.5 | 1080 | 0.8 mi |
| 13 | 731 Victoria Pl SW | $1680 | 2 | 1.5 | 1152 | 0.9 mi |
| 14 | 971 Howell Pl SW | $2695 | 3 | 3 | 0.4 mi | |
| 15 | 1145 Lucile Ave SW, Apt 2 | $995 | 2 | 1 | 750 | 0.3 mi |
| 16 | 443 Dargan Pl SW, Apt 12 | $975 | 2 | 1 | 975 | 0.4 mi |
| 17 | 941 Oak St SW | $2005 | 3 | 3 | 1314 | 0.3 mi |
| 18 | 443 Dargan Pl SW, Apt 18 | $1075 | 2 | 1 | 900 | 0.4 mi |
| 19 | 944 Oak St SW | $1500 | 3 | 3 | 1907 | 0.4 mi |
| 20 | 443 Dargan Pl SW, Apt 4 | $975 | 2 | 1 | 975 | 0.4 mi |
| 21 | 1170 Greenwich St SW, Apt 3 | $1500 | 2 | 1 | 5384 | 0.4 mi |
| 22 | 443 Dargan Pl SW | $700 | 2 | 1 | 0.4 mi | |
| 23 | 496 Holderness St SW, Apt 13 | $1000 | 2 | 1 | 850 | 0.4 mi |
| 24 | 898 Oak St SW, Unit 3207 | $1900 | 2 | 1 | 943 | 0.5 mi |
| 25 | 474 Sw Holderness St, Unit 2 | $1400 | 2 | 1 | 950 | 0.5 mi |
Projections