REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -11.25% first-year return on $82,950 initial cash invested.
Cash On Cash
-11.25%
Cap Rate
4.19%
Rent
$2,143
Cashflow
-$778
Rent Confidence: High
Annual
$25,716
Median
$2,175
Avg
$2,173
Samples
25
Financing
Purchase Price $395k
Downpayment 20.0%
Interest Rate 6.7%
Mortgage Duration 30yr.
Cash To Invest
Total $82,950
Downpayment 20% $79,000
Closing costs 1% $3,950
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,143
Total Expenses $2,921
Mortgage P&I 96% $2,049
Property Taxes 8% $177
Home Insurance 6% $138
PManagement 10% $214
CapEx 5% $107
Vacancy 6% $129
Maintenance 5% $107
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3 Wren Way Dr | $1700 | 3 | 2 | 1054 | 0.7 mi |
| 2 | 68 Marietta St | $2000 | 3 | 2 | 1077 | 1.8 mi |
| 3 | 726 Fairview Rd | $2200 | 3 | 1.5 | 1100 | 0.4 mi |
| 4 | 15 Blalock Ave | $2300 | 3 | 2 | 1200 | 0.9 mi |
| 5 | 55 Broadview Dr | $2500 | 3 | 2 | 1200 | 0.9 mi |
| 6 | 728 Center St | $1695 | 3 | 2 | 1000 | 2.1 mi |
| 7 | 354 School Rd, # E | $1200 | 3 | 2 | 1200 | 1.4 mi |
| 8 | 5 Ona Berry Ln | $2100 | 3 | 2 | 1144 | 2.2 mi |
| 9 | 11 Dawson Pl | $1995 | 3 | 2 | 1300 | 0.7 mi |
| 10 | 522 Fairview Rd | $2095 | 3 | 2 | 1290 | 0.9 mi |
| 11 | 530 Fairview Rd | $2400 | 3 | 2 | 1300 | 0.9 mi |
| 12 | 22 Cedar St | $2295 | 3 | 2.5 | 1200 | 0.5 mi |
| 13 | 171 Reed St | $2000 | 3 | 2 | 1234 | 2.1 mi |
| 14 | 21 Scenic Busbee Trl | $2300 | 3 | 2 | 1288 | 1.8 mi |
| 15 | 52 Busbee View Rd | $3395 | 3 | 2 | 1262 | 2.2 mi |
| 16 | 16 Dawson Pl | $2095 | 3 | 2 | 0.8 mi | |
| 17 | 808 Academy St | $2400 | 3 | 2 | 1300 | 2 mi |
| 18 | 22 Oakley Dogwood Dr | $1700 | 3 | 1 | 1000 | 0.8 mi |
| 19 | 93 Raleigh Rd | $2175 | 3 | 1 | 1123 | 0.9 mi |
| 20 | 7 Spruce Shade Ct | $2300 | 3 | 2 | 0 mi | |
| 21 | 19 Chapel Park Pl | $2500 | 3 | 2 | 1350 | 1.8 mi |
| 22 | 48 Main St | $2650 | 3 | 2 | 1428 | 1.3 mi |
| 23 | 100 River Mill Dr, # 500-104 | $1914 | 3 | 2 | 1337 | 2.2 mi |
| 24 | 100 River Mill Dr, # 700-104 | $1914 | 3 | 2 | 1337 | 2.2 mi |
| 25 | 29 1st St | $2500 | 3 | 2 | 1.5 mi |
Projections