REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -1.17% first-year return on $53,550 initial cash invested.
Cash On Cash
-1.17%
Cap Rate
6.63%
Rent
$2,057
Cashflow
-$52
Rent Confidence: High
Annual
$24,684
Median
$2,090
Avg
$2,058
Samples
25
Financing
Purchase Price $255k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $53,550
Downpayment 20% $51,000
Closing costs 1% $2,550
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,057
Total Expenses $2,109
Mortgage P&I 66% $1,357
Property Taxes 3% $66
Home Insurance 4% $89
HOA 3% $62
PManagement 10% $206
CapEx 5% $103
Vacancy 6% $123
Maintenance 5% $103
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 166 Olde Towne Way, Unit 3 | $1795 | 3 | 3 | 1600 | 1.7 mi |
| 2 | 185 Olde Towne Way, Unit 2 | $1800 | 3 | 3 | 1600 | 1.7 mi |
| 3 | 239 Brackish Dr | $1895 | 3 | 3 | 1679 | 2.9 mi |
| 4 | 132 Olde Towne Way, Unit 2 | $1800 | 3 | 3 | 1520 | 1.5 mi |
| 5 | 132 Olde Towne Way, Unit D | $1800 | 3 | 3 | 1520 | 1.5 mi |
| 6 | 548 Lake Park Dr | $2090 | 3 | 3.5 | 1552 | 0.4 mi |
| 7 | 528 Lake Park Dr | $2100 | 3 | 2 | 1706 | 0.2 mi |
| 8 | 439 Wallingford Cir | $2250 | 3 | 2.5 | 1750 | 1.3 mi |
| 9 | 173 Olde Towne Way, Unit 1 | $2100 | 3 | 2.5 | 1750 | 1.7 mi |
| 10 | 208 Brackish Dr | $2000 | 3 | 3 | 1437 | 1.6 mi |
| 11 | 204 Machrie Loop, Unit C | $2195 | 3 | 2.5 | 1740 | 2.1 mi |
| 12 | 232 Tibton Cir | $2250 | 3 | 2 | 1715 | 1 mi |
| 13 | 1990 Suncrest Dr, Lot 140 | $2300 | 3 | 3 | 1736 | 4.1 mi |
| 14 | 364 Augustine Dr | $2000 | 3 | 2 | 1708 | 1.3 mi |
| 15 | 231 Dorian Loop | $2145 | 3 | 2 | 1708 | 1.3 mi |
| 16 | 367 Augustine Dr | $2000 | 3 | 2 | 1708 | 1.4 mi |
| 17 | 332 Augustine Dr | $2180 | 3 | 2 | 1708 | 1.4 mi |
| 18 | 207 Dorian Loop | $2145 | 3 | 2 | 1708 | 1.4 mi |
| 19 | 311 Augustine Dr | $2045 | 3 | 2 | 1708 | 1.5 mi |
| 20 | 151 Dorian Loop | $2175 | 3 | 2 | 1708 | 1.6 mi |
| 21 | 243 Dorian Loop | $2045 | 3 | 2 | 1655 | 1.3 mi |
| 22 | 336 Augustine Dr | $2165 | 3 | 2 | 1665 | 1.4 mi |
| 23 | 204 Dorian Loop | $1895 | 3 | 2 | 1665 | 1.4 mi |
| 24 | 339 Augustine Dr | $2295 | 3 | 2 | 1665 | 1.4 mi |
| 25 | 111 Dorian Loop | $1995 | 3 | 2 | 1676 | 1.5 mi |
Projections