REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -14.64% first-year return on $126k initial cash invested.
Cash On Cash
-14.64%
Cap Rate
3.63%
Rent
$3,143
Cashflow
-$1,535
Rent Confidence: High
Annual
$37,716
Median
$3,173
Avg
$3,131
Samples
25
Financing
Purchase Price $599k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $126k
Downpayment $120k
Closing costs $5,990
Rehab $0
Furnishing $0
Cashflow
Total Income $3,143
Total Expenses $4,678
Mortgage P&I $3,188
Property Taxes $463
Home Insurance $210
PManagement $314
CapEx $157
Vacancy $189
Maintenance $157
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 37 High St | $3200 | 3 | 2 | 1550 | 1.4 mi |
| 2 | 101 North St, Apt 4 | $3950 | 3 | 2 | 1680 | 0.6 mi |
| 3 | 167 York St, Unit 1 | $3800 | 3 | 2 | 1.6 mi | |
| 4 | 198 High St, Unit 11 | $3100 | 3 | 2 | 1736 | 1.3 mi |
| 5 | 75 Chestnut St | $3400 | 2 | 2 | 1150 | 0.5 mi |
| 6 | 75 Chestnut St, Unit 302 | $3400 | 2 | 2 | 1150 | 0.6 mi |
| 7 | 132 Marginal Way, Apt 456 | $3173 | 4 | 2 | 1168 | 0.8 mi |
| 8 | 68 Hampshire St, Unit 2 | $4100 | 3 | 1 | 0.3 mi | |
| 9 | 22 Hancock St, Unit 210 | $3600 | 2 | 2 | 1115 | 0.5 mi |
| 10 | 132 Marginal Way, Apt 225 | $2654 | 2 | 2 | 1139 | 0.7 mi |
| 11 | 53 Myrtle St | $3000 | 3 | 1 | 0.5 mi | |
| 12 | 14 Cleeve St, # 3 | $3350 | 2 | 2 | 1300 | 0.1 mi |
| 13 | 86 Danforth St, Apt 8 | $2575 | 3 | 1 | 911 | 1.4 mi |
| 14 | 523 Washington Ave | $2995 | 3 | 1 | 925 | 1.9 mi |
| 15 | 236 High St | $1900 | 3 | 1 | 1.3 mi | |
| 16 | 340 Eastern Promenade, Apt 244 | $2750 | 2 | 2 | 1317 | 0.8 mi |
| 17 | 185 Fore St, Apt 203 | $4815 | 2 | 2 | 1400 | 0.6 mi |
| 18 | 75 Chestnut St, Unit 507 | $3500 | 2 | 2 | 919 | 0.5 mi |
| 19 | 340 Eastern Promenade, Apt 144 | $2350 | 2 | 1.5 | 1317 | 0.7 mi |
| 20 | 34 Congress St, Apt 1 | $3800 | 2 | 2 | 1500 | 0.9 mi |
| 21 | 3 Sherbrooke St | $3200 | 2 | 2 | 0.6 mi | |
| 22 | 340 Eastern Promenade, Apt 211 | $3100 | 2 | 1.5 | 1374 | 0.8 mi |
| 23 | 50 Morning St, Apt 3 | $3150 | 2 | 1 | 1100 | 1 mi |
| 24 | 142 Grant St, Apt 6 | $2492 | 2 | 1 | 1122 | 1.8 mi |
| 25 | 571 Cumberland Ave, Apt 3 | $930 | 1 | 1.8 mi |