REI Lense- Airbnb
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Long-Term Rental Analysis
510 Lincoln Ave, Richmond, VA 23222
$249,950 • 3 beds • 2 baths • 1238 sqft
This property looks like a bad Long-Term investment with a projected -7.11% first-year return on $52,490 initial cash invested.
Cash On Cash
-7.11%
Cap Rate
5.3%
Rent
$1,695
Signal: High
Cashflow
-$311
Financing
Purchase Price $250k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $52,490
Downpayment $49,990
Closing costs $2,500
Rehab $0
Furnishing $0
Cashflow
Total Income $1,695
Total Expenses $2,006
Mortgage P&I $1,330
Property Taxes $146
Home Insurance $88
PManagement $170
CapEx $85
Vacancy $102
Maintenance $85
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 511 Conley Rd | $1500 | 3 | 2 | 1256 | 1 mi |
| 2 | 3504 North Ave | $1750 | 3 | 2 | 1260 | 1.3 mi |
| 3 | 3907 E Chatham Dr | $2100 | 3 | 2 | 1356 | 0.6 mi |
| 4 | 708 E Gladstone Ave | $1790 | 3 | 2 | 1246 | 2.3 mi |
| 5 | 3412 Missouri Ave | $1635 | 3 | 2 | 1203 | 2 mi |
| 6 | 800 Pensacola Ave | $1695 | 3 | 2 | 1280 | 2.1 mi |
| 7 | 621 Northside Ave | $1600 | 3 | 2 | 1260 | 2.4 mi |
| 8 | 3603 Maryland Ave | $1795 | 3 | 2 | 1200 | 2.4 mi |
| 9 | 3408 Missouri Ave | $1650 | 3 | 2 | 1171 | 2 mi |
| 10 | 3313 Cliff Ave | $2250 | 3 | 2 | 1394 | 1.5 mi |
| 11 | 513 Greenbrier Ave | $1650 | 3 | 2 | 1536 | 1.1 mi |
| 12 | 3209 Cliff Ave | $2000 | 3 | 1.5 | 1185 | 1.9 mi |
| 13 | 3213 North Ave, Unit 1 | $1995 | 3 | 2 | 1464 | 1.8 mi |
| 14 | 604 Stukeley Ln | $1850 | 3 | 1.5 | 1120 | 1.2 mi |
| 15 | 3002 Montrose Ave, Apt 2 | $1035 | 3 | 1.5 | 1191 | 2.1 mi |
| 16 | 518 E Ladies Mile Rd | $1500 | 3 | 1.5 | 1332 | 1.7 mi |
| 17 | 1310 Greycourt Ave | $2500 | 3 | 1.5 | 1344 | 1.5 mi |
| 18 | 3123 Alvis Ave | $1625 | 3 | 2 | 1056 | 2.1 mi |
| 19 | 3121 Alvis Ave | $1625 | 3 | 2 | 1056 | 2.1 mi |
| 20 | 5011 E Seminary Ave | $1700 | 3 | 2 | 1526 | 1.5 mi |
| 21 | 3360 Richmond Henrico Tpke | $1517 | 3 | 2 | 1517 | 1.8 mi |
| 22 | 3213 North Ave, Unit 2 | $1590 | 3 | 1 | 1240 | 1.8 mi |
| 23 | 3408 Fendall Ave | $2200 | 3 | 1.5 | 1440 | 1.3 mi |
| 24 | 4206 Corbin St | $1635 | 3 | 2 | 1800 | 0.2 mi |
| 25 | 402 Wilmer Ave | $1795 | 3 | 2.5 | 1396 | 1.8 mi |