REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -10.89% first-year return on $79,800 initial cash invested.
Cash On Cash
-10.89%
Cap Rate
4.02%
Rent
$2,109
Cashflow
-$724
Rent Confidence: High
Annual
$25,308
Median
$2,100
Avg
$2,110
Samples
25
Financing
Purchase Price $380k
Downpayment 20.0%
Interest Rate 6.4%
Mortgage Duration 30yr.
Cash To Invest
Total $79,800
Downpayment 20% $76,000
Closing costs 1% $3,800
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,109
Total Expenses $2,833
Mortgage P&I 90% $1,892
Property Taxes 12% $260
Home Insurance 6% $133
PManagement 10% $211
CapEx 5% $105
Vacancy 6% $127
Maintenance 5% $105
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 67 Walton St | $1875 | 3 | 1 | 1280 | 1.8 mi |
| 2 | 271 State St | $2000 | 3 | 1 | 1050 | 0.1 mi |
| 3 | 8 Trotter Pl | $1995 | 3 | 1 | 1220 | 2.3 mi |
| 4 | 212 Pennsylvania Ave, Unit Upper | $1595 | 3 | 1 | 1500 | 0.6 mi |
| 5 | 58 Deaverview Rd | $2400 | 3 | 1 | 1300 | 2.8 mi |
| 6 | 103 S Grove St | $1995 | 3 | 1 | 1300 | 2.9 mi |
| 7 | 33 Madeline Ave | $1995 | 3 | 1 | 1323 | 2.7 mi |
| 8 | 21 Montana Ave | $2300 | 3 | 2 | 1269 | 0.6 mi |
| 9 | 11 Park Ave N | $2500 | 3 | 1 | 1400 | 2.5 mi |
| 10 | 8 Redfern St | $2300 | 3 | 1 | 1116 | 2.1 mi |
| 11 | 279 State St | $1650 | 3 | 1 | 0.1 mi | |
| 12 | 55 Alabama Ave | $2200 | 3 | 2 | 1176 | 0.4 mi |
| 13 | 16 Spinet St | $2100 | 3 | 2 | 1200 | 1 mi |
| 14 | 37 Erskine Ave | $1695 | 3 | 1 | 1050 | 2.4 mi |
| 15 | 16 Dellwood St | $2800 | 3 | 2 | 1334 | 1.3 mi |
| 16 | 97 Virginia Ave | $2300 | 3 | 2 | 1400 | 0.8 mi |
| 17 | 61 Haywood Rd | $1200 | 3 | 2 | 1200 | 1.4 mi |
| 18 | 4 Florida Pl | $2100 | 3 | 2 | 1200 | 1.5 mi |
| 19 | 36 Oregon Ave | $2395 | 3 | 1 | 1.6 mi | |
| 20 | 53 Balsam Ave | $2250 | 3 | 1 | 988 | 2.1 mi |
| 21 | 78 Trotter Pl | $1775 | 3 | 1.5 | 1112 | 2.2 mi |
| 22 | 100 Pace Ln | $2100 | 3 | 2 | 1337 | 1.9 mi |
| 23 | 106 Estes Ct | $2695 | 3 | 2 | 1375 | 1.6 mi |
| 24 | 314 Virginia Ave | $2441 | 3 | 2 | 1105 | 0.8 mi |
| 25 | 1 Middlemont Ave | $2100 | 3 | 2 | 1300 | 2.5 mi |
Projections