REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property might be a fair Long-Term investment with a projected 2.29% first-year return on $23,100 initial cash invested.
Cash On Cash
2.29%
Cap Rate
7.63%
Rent
$1,256
Cashflow
$44
Rent Confidence: High
Annual
$15,072
Median
$1,200
Avg
$1,255
Samples
25
Financing
Purchase Price $110k
Downpayment 20.0%
Interest Rate 7.1%
Mortgage Duration 30yr.
Cash To Invest
Total $23,100
Downpayment 20% $22,000
Closing costs 1% $1,100
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,256
Total Expenses $1,212
Mortgage P&I 47% $592
Property Taxes 20% $255
Home Insurance 3% $38
PManagement 10% $126
CapEx 5% $63
Vacancy 6% $75
Maintenance 5% $63
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 6415 Godfrey Ave | $1500 | 2 | 1 | 751 | 0.8 mi |
| 2 | 7642 Maxwell Ave | $1400 | 2 | 1 | 780 | 2.8 mi |
| 3 | 8411 Tenino St | $1400 | 2 | 1 | 752 | 3.9 mi |
| 4 | 1737 Oak Hill Cir | $1400 | 2 | 1 | 791 | 4.7 mi |
| 5 | 3550 E Overton Rd, Unit C2 | $1064 | 2 | 1 | 790 | 4.9 mi |
| 6 | 3550 E Overton Rd, Unit C1 | $1084 | 2 | 1 | 807 | 4.9 mi |
| 7 | 2603 Hillburn Dr, Unit C1 | $927 | 2 | 1 | 740 | 4.2 mi |
| 8 | 2807 Frost Ave | $1200 | 2 | 1 | 753 | 4.4 mi |
| 9 | 3623 Reese Dr | $1100 | 2 | 1 | 768 | 4.8 mi |
| 10 | 306 Freddie St | $1349 | 2 | 1 | 870 | 4 mi |
| 11 | 8912 Craige Dr | $1200 | 2 | 1 | 767 | 4.9 mi |
| 12 | 7651C F Hawn Fwy, Unit B1 | $850 | 2 | 1.5 | 867 | 2.6 mi |
| 13 | 609 Elwayne Ave | $1175 | 2 | 1 | 1150 | 0.8 mi |
| 14 | 3626 Cauthorn Dr | $1350 | 2 | 1 | 840 | 4.8 mi |
| 15 | 2902 Brigham Ln | $1100 | 2 | 1 | 872 | 4.3 mi |
| 16 | 8418 Grovecrest Dr | $1400 | 2 | 1 | 706 | 4.1 mi |
| 17 | 7250 Elam Rd | $1085 | 2 | 1 | 1.9 mi | |
| 18 | 235 Creek Cove Dr | $1495 | 2 | 1.5 | 1020 | 1 mi |
| 19 | 8841 Briley Rd | $1400 | 2 | 1 | 726 | 4.7 mi |
| 20 | 7203 S Great Trinity Forest Way | $1114 | 2 | 1 | 2.1 mi | |
| 21 | 3322 Goldspier Dr | $1200 | 2 | 1 | 868 | 4.9 mi |
| 22 | 3526 Reese Dr | $1300 | 2 | 1 | 708 | 4.7 mi |
| 23 | 8127 Stonehurst St, Apt 5 | $999 | 2 | 1 | 650 | 3.8 mi |
| 24 | 1512 Conner Dr | $1400 | 2 | 1 | 630 | 3.8 mi |
| 25 | 221 Creek Cove Dr | $1895 | 2 | 2 | 995 | 1 mi |
Projections