REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -12.06% first-year return on $62,790 initial cash invested.
Cash On Cash
-12.06%
Cap Rate
3.98%
Rent
$1,587
Cashflow
-$631
Rent Confidence: High
Annual
$19,044
Median
$1,550
Avg
$1,588
Samples
25
Financing
Purchase Price $299k
Downpayment 20.0%
Interest Rate 6.7%
Mortgage Duration 30yr.
Cash To Invest
Total $62,790
Downpayment 20% $59,800
Closing costs 1% $2,990
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,587
Total Expenses $2,218
Mortgage P&I 97% $1,543
Property Taxes 10% $158
Home Insurance 7% $105
PManagement 10% $159
CapEx 5% $79
Vacancy 6% $95
Maintenance 5% $79
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1905 Charles St | $1500 | 3 | 1 | 1096 | 0 mi |
| 2 | 1913 Bates St | $1650 | 3 | 1 | 1100 | 0.2 mi |
| 3 | 721 Bunche Dr | $1395 | 3 | 1 | 1000 | 0.3 mi |
| 4 | 820 Newcombe Rd | $1695 | 3 | 1 | 995 | 0.6 mi |
| 5 | 717 Fitzgerald Dr | $1475 | 3 | 1 | 980 | 0.4 mi |
| 6 | 819 Hadley Rd | $1375 | 3 | 1 | 975 | 0.5 mi |
| 7 | 1203 Bunche Dr | $1295 | 3 | 1 | 1000 | 0.9 mi |
| 8 | 1924 Hadley Rd | $1695 | 3 | 1 | 936 | 0 mi |
| 9 | 524 Branch St | $1750 | 3 | 1 | 1012 | 1.2 mi |
| 10 | 212 Blanchard St | $1550 | 3 | 1 | 1045 | 1.8 mi |
| 11 | 1108 Savannah Dr | $1475 | 3 | 1 | 1100 | 1.8 mi |
| 12 | 22 Pantops St | $1700 | 3 | 1 | 1104 | 1.7 mi |
| 13 | 2504 Fitzgerald Dr | $1799 | 3 | 1.5 | 1082 | 0.5 mi |
| 14 | 1304 Seabrook Rd | $1550 | 3 | 1 | 1120 | 1.8 mi |
| 15 | 1212 Armstrong Cir | $1595 | 3 | 1 | 1135 | 1.8 mi |
| 16 | 2017 Crawford Rd | $1295 | 3 | 1 | 1000 | 2 mi |
| 17 | 2001 Southgate Dr | $1800 | 3 | 1 | 1175 | 1.7 mi |
| 18 | 1413 Garner Rd | $1450 | 3 | 1 | 1269 | 1 mi |
| 19 | 2805 Frinks St | $2000 | 3 | 1.5 | 1107 | 1.5 mi |
| 20 | 606 Coleman St, Unit Level | $1250 | 3 | 1 | 950 | 2.1 mi |
| 21 | 860 Darby St | $1550 | 3 | 2 | 1045 | 0.5 mi |
| 22 | 1109 Thelonious Dr | $2400 | 3 | 2 | 1072 | 0.8 mi |
| 23 | 708 Hadley Rd | $1649 | 3 | 1 | 0.4 mi | |
| 24 | 741 Ellington St, Apt B | $1350 | 3 | 1 | 900 | 1.9 mi |
| 25 | 741 Ellington St, Apt C | $1450 | 3 | 1 | 900 | 1.9 mi |
Projections