REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -11.3% first-year return on $65,079 initial cash invested.
Cash On Cash
-11.3%
Cap Rate
4.37%
Rent
$1,863
Cashflow
-$613
Rent Confidence: High
Annual
$22,356
Median
$1,800
Avg
$1,863
Samples
25
Financing
Purchase Price $310k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $65,079
Downpayment $61,980
Closing costs $3,099
Rehab $0
Furnishing $0
Cashflow
Total Income $1,863
Total Expenses $2,476
Mortgage P&I $1,649
Property Taxes $235
Home Insurance $108
PManagement $186
CapEx $93
Vacancy $112
Maintenance $93
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2451 Jimmy Carter Way | $1699 | 3 | 2 | 1092 | 0.7 mi |
| 2 | 524 Parnell Dr | $1995 | 3 | 2 | 1100 | 1.4 mi |
| 3 | 1117 Thelonious Dr | $1700 | 3 | 2 | 1103 | 2 mi |
| 4 | 1705 E Lenoir St | $1800 | 3 | 2 | 1150 | 1.5 mi |
| 5 | 516 Dacian Rd | $1400 | 3 | 1.5 | 1058 | 0.1 mi |
| 6 | 3333 Woodmeadow Pkwy | $1595 | 3 | 2 | 1152 | 1.7 mi |
| 7 | 1109 Thelonious Dr | $2400 | 3 | 2 | 1072 | 2 mi |
| 8 | 1517 Pleasant Garden Ln | $2070 | 3 | 2 | 1152 | 1.8 mi |
| 9 | 1528 Pleasant Garden Ln | $1595 | 3 | 2 | 1160 | 1.8 mi |
| 10 | 1216 Bentley Ln | $1550 | 3 | 1.5 | 1092 | 0.9 mi |
| 11 | 1506 E Lenoir St | $2165 | 3 | 2 | 1204 | 1.6 mi |
| 12 | 804 Vardaman St, Unit B | $2375 | 3 | 2 | 1200 | 1.8 mi |
| 13 | 2407 Maplewood Ln | $1640 | 3 | 2 | 1296 | 0.8 mi |
| 14 | 619 Rawls Dr, Unit 102 | $1850 | 3 | 2 | 1000 | 1.7 mi |
| 15 | 1112 Coleman St | $2350 | 3 | 2 | 1201 | 2 mi |
| 16 | 908 Williams Rd, Unit 101 | $1900 | 3 | 2 | 1000 | 1.9 mi |
| 17 | 908 Williams Rd | $1900 | 3 | 2 | 1000 | 1.8 mi |
| 18 | 844 Rawls Dr | $1450 | 3 | 2 | 1261 | 1.3 mi |
| 19 | 812 Greenwich St | $2250 | 3 | 2 | 1348 | 0.7 mi |
| 20 | 3217 Cotton Grv, Run | $1725 | 3 | 2 | 1270 | 1.5 mi |
| 21 | 2905 Glasgow St | $1800 | 3 | 2 | 1340 | 0.8 mi |
| 22 | 1504 Malta Ave | $1550 | 3 | 2 | 950 | 1.6 mi |
| 23 | 1529 Garden Ln | $1830 | 3 | 2 | 1264 | 1.8 mi |
| 24 | 1529 Pleasant Garden Ln | $1745 | 3 | 2 | 1264 | 1.8 mi |
| 25 | 833 Coleman St | $2250 | 3 | 2 | 1250 | 1.9 mi |