REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -16.95% first-year return on $73,500 initial cash invested.
Cash On Cash
-16.95%
Cap Rate
3.1%
Rent
$1,590
Cashflow
-$1,038
Rent Confidence: High
Annual
$19,080
Median
$1,595
Avg
$1,588
Samples
25
Financing
Purchase Price $350k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $73,500
Downpayment 20% $70,000
Closing costs 1% $3,500
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,590
Total Expenses $2,628
Mortgage P&I 117% $1,863
Property Taxes 14% $229
Home Insurance 8% $122
PManagement 10% $159
CapEx 5% $80
Vacancy 6% $95
Maintenance 5% $80
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 18 S Franklin Park Dr | $1725 | 3 | 1 | 1108 | 0.4 mi |
| 2 | 5603 W Edson St | $1950 | 3 | 1 | 1000 | 1.1 mi |
| 3 | 5807 W Grunder Dr | $1995 | 3 | 1 | 1042 | 1.7 mi |
| 4 | 6315 W Dorian St | $1595 | 3 | 1 | 1000 | 1.3 mi |
| 5 | 6318 W Lion Ave | $1500 | 3 | 1 | 988 | 1.4 mi |
| 6 | 6700 Ashland Dr | $1375 | 3 | 1 | 950 | 1 mi |
| 7 | 6706 W Ashland Dr | $1375 | 3 | 1 | 950 | 1 mi |
| 8 | 5801 W Grunder Dr | $1895 | 3 | 1 | 1100 | 1.7 mi |
| 9 | 7219 W Cedarwood Dr | $1750 | 3 | 1 | 912 | 1.3 mi |
| 10 | 6635 W Clinton Ln, Unit 102 | $1625 | 3 | 1.5 | 1100 | 1 mi |
| 11 | 6330 W Lion Ave | $1695 | 3 | 1 | 1200 | 1.4 mi |
| 12 | 8030 Cummins | $1495 | 3 | 1 | 900 | 1.7 mi |
| 13 | 6910 W Holiday Dr | $2000 | 3 | 1 | 1318 | 0.6 mi |
| 14 | 199 N Seafury Ln, Apt 101 | $1295 | 3 | 2 | 1052 | 0.7 mi |
| 15 | 199 N Seafury Ln, Apt 202 | $1295 | 3 | 2 | 1052 | 0.7 mi |
| 16 | 4806 W Richardson St, Apt 7 | $1445 | 3 | 1.5 | 1104 | 1.7 mi |
| 17 | 325 S Franklin Park Dr | $1795 | 3 | 1 | 1400 | 0.1 mi |
| 18 | 4806 W Richardson St, Apt 8 | $1395 | 3 | 1.5 | 1104 | 1.7 mi |
| 19 | 4800 W Richardson St, Apt 4 | $1500 | 3 | 1.5 | 1104 | 1.7 mi |
| 20 | 4800 W Richardson St, Apt 1 | $1500 | 3 | 1.5 | 1104 | 1.7 mi |
| 21 | 5500 W Sites Dr | $1695 | 3 | 1.5 | 948 | 1.3 mi |
| 22 | 157 N Seafury Ln, Apt 201 | $1325 | 3 | 2 | 1107 | 0.7 mi |
| 23 | 157 N Sea Fury Ln, Apt 102 | $1295 | 3 | 2 | 1107 | 0.7 mi |
| 24 | 950 S Wild Phlox Way | $1595 | 3 | 1.5 | 1200 | 1.3 mi |
| 25 | 6812 W Ashland Dr | $1595 | 3 | 1.5 | 1241 | 1 mi |
Projections