REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -8.92% first-year return on $115k initial cash invested.
Cash On Cash
-8.92%
Cap Rate
4.9%
Rent
$3,566
Cashflow
-$857
Rent Confidence: High
Annual
$42,792
Median
$3,325
Avg
$3,412
Samples
25
Financing
Purchase Price $549k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $115k
Downpayment $110k
Closing costs $5,490
Rehab $0
Furnishing $0
Cashflow
Total Income $3,566
Total Expenses $4,423
Mortgage P&I $2,922
Property Taxes $382
Home Insurance $192
PManagement $357
CapEx $178
Vacancy $214
Maintenance $178
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 18 Falmouth Rd | $5250 | 4 | 3 | 2380 | 4.1 mi |
| 2 | 183 Prospect Street Prospect St, Unit 183 | $4000 | 4 | 2 | 2200 | 6.2 mi |
| 3 | 11 Winn Rd | $3950 | 4 | 3 | 2325 | 6.2 mi |
| 4 | 32 Brook Rd, Unit 1 | $4200 | 3 | 2 | 2184 | 2.3 mi |
| 5 | 19 Brookside Dr | $3300 | 3 | 2.5 | 2300 | 2 mi |
| 6 | 56 Saint Jude St | $3800 | 4 | 2 | 1463 | 4.9 mi |
| 7 | 27 Belknap St | $3325 | 4 | 1.5 | 1732 | 6.1 mi |
| 8 | 107 Oakdale St | $3300 | 3 | 2 | 2300 | 6.4 mi |
| 9 | 42 Savoy St | $3600 | 3 | 2 | 2016 | 5.1 mi |
| 10 | 609 Ocean Ave, Apt 3 | $1095 | 1 | 4.6 mi | ||
| 11 | 132 Marginal Way, Apt 456 | $3173 | 4 | 2 | 1168 | 7.1 mi |
| 12 | 305 Deering Ave, # 1 | $2800 | 3 | 2 | 2100 | 6.7 mi |
| 13 | 181 Carlson St | $3595 | 3 | 2 | 1650 | 4 mi |
| 14 | 18 Jackson St | $3229 | 3 | 1.5 | 1400 | 1 mi |
| 15 | 10 White Birch Ln, Apt 10 | $3800 | 3 | 2 | 1400 | 3 mi |
| 16 | 156 Winn Rd | $2895 | 3 | 2 | 1650 | 4.7 mi |
| 17 | 22 Bailey Ave | $1750 | 3 | 1 | 2.9 mi | |
| 18 | 15 Seavey St | $3000 | 4 | 1 | 1400 | 6.4 mi |
| 19 | 32 Concord St | $3050 | 3 | 2 | 1776 | 5.6 mi |
| 20 | 420 Gray Rd | $3900 | 3 | 2 | 1920 | 6.6 mi |
| 21 | 220 Veranda St | $3750 | 3 | 2 | 1697 | 5.3 mi |
| 22 | 9 Just-mere Rd | $5000 | 3 | 2.5 | 5.3 mi | |
| 23 | 81 Depot Rd, # 1 | $4000 | 3 | 2 | 1433 | 4.7 mi |
| 24 | 1056 Forest Avenue-1056 Forest Ave, Apt 1 | $2750 | 3 | 1 | 4.4 mi | |
| 25 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 4 mi |