REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -12.75% first-year return on $95,550 initial cash invested.
Cash On Cash
-12.75%
Cap Rate
3.91%
Rent
$2,587
Cashflow
-$1,015
Rent Confidence: High
Annual
$31,044
Median
$2,800
Avg
$2,585
Samples
25
Financing
Purchase Price $455k
Downpayment 20.0%
Interest Rate 6.8%
Mortgage Duration 30yr.
Cash To Invest
Total $95,550
Downpayment 20% $91,000
Closing costs 1% $4,550
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,587
Total Expenses $3,602
Mortgage P&I 92% $2,369
Property Taxes 16% $402
Home Insurance 6% $159
PManagement 10% $259
CapEx 5% $129
Vacancy 6% $155
Maintenance 5% $129
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 18 Seavey St, Unit 16-2 | $2410 | 3 | 1 | 1400 | 2.6 mi |
| 2 | 105 Dartmouth-furnished St, Unit 1 | $3700 | 3 | 1 | 1400 | 3.6 mi |
| 3 | 31 Frederic St, Apt 5 | $2254 | 3 | 1 | 1405 | 4.3 mi |
| 4 | 105 Dartmouth St, Fl 2 | $2850 | 3 | 1 | 1500 | 3.6 mi |
| 5 | 1375 Forest Ave, # 2 | $2166 | 3 | 1 | 1100 | 1.7 mi |
| 6 | 219 Halidon St | $3500 | 3 | 1 | 1100 | 2 mi |
| 7 | 52 Roberts St | $2900 | 3 | 1 | 1255 | 4 mi |
| 8 | 10 Franklin St, # 1 | $2700 | 3 | 1 | 1265 | 4.1 mi |
| 9 | 18 Jackson St | $2950 | 3 | 1.5 | 1400 | 4.1 mi |
| 10 | 22 Bailey Ave | $1750 | 3 | 1 | 1.8 mi | |
| 11 | 157 Wolcott St | $2800 | 3 | 1 | 1092 | 2.4 mi |
| 12 | 588 Ocean Ave | $1200 | 3 | 1 | 1600 | 4 mi |
| 13 | 1056 Forest Avenue-1056 Forest Ave, Apt 1 | $2750 | 3 | 1 | 2.1 mi | |
| 14 | 21 Mayfield St, # 2 | $3000 | 3 | 2 | 1300 | 1.8 mi |
| 15 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 1.8 mi |
| 16 | 143 Lane Ave | $2850 | 3 | 1 | 960 | 1.2 mi |
| 17 | 187-189 Rochester St | $1600 | 3 | 1 | 2.7 mi | |
| 18 | 185 Ray St | $2065 | 3 | 1 | 1100 | 3.4 mi |
| 19 | 100 Bolton St | $2800 | 3 | 1.5 | 1200 | 3.4 mi |
| 20 | 56 Chenery St | $3670 | 3 | 2 | 1494 | 3.1 mi |
| 21 | 17 Partridge Rd | $1400 | 3 | 2 | 1556 | 2.6 mi |
| 22 | 12 Dunn St | $1625 | 3 | 1 | 3.5 mi | |
| 23 | 89 King St | $2800 | 3 | 1 | 3.7 mi | |
| 24 | 181 Carlson St | $3595 | 3 | 2 | 1650 | 2.4 mi |
| 25 | 27 Frederic St, Unit A | $2500 | 3 | 1 | 4.3 mi |
Projections