REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -2.68% first-year return on $47,859 initial cash invested.
Cash On Cash
-2.68%
Cap Rate
6.3%
Rent
$1,819
Cashflow
-$107
Rent Confidence: High
Annual
$21,828
Median
$1,700
Avg
$1,822
Samples
25
Financing
Purchase Price $228k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $47,859
Downpayment $45,580
Closing costs $2,279
Rehab $0
Furnishing $0
Cashflow
Total Income $1,819
Total Expenses $1,926
Mortgage P&I $1,213
Property Taxes $160
Home Insurance $80
PManagement $182
CapEx $91
Vacancy $109
Maintenance $91
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 923 W 46th St | $2050 | 3 | 1 | 1056 | 0.2 mi |
| 2 | 607 W 44th St, Unit Upper | $1400 | 3 | 1 | 1050 | 0.3 mi |
| 3 | 914 W 42nd St | $1595 | 3 | 1 | 1056 | 0.5 mi |
| 4 | 2914 Bulloch St | $1495 | 3 | 1 | 1212 | 0.1 mi |
| 5 | 1000 W 53rd St | $1600 | 3 | 1 | 1025 | 0.6 mi |
| 6 | 1000 W 53rd St, Unit Upper | $1600 | 3 | 1 | 1025 | 0.6 mi |
| 7 | 1016 W 42nd St | $1450 | 3 | 1 | 1008 | 0.5 mi |
| 8 | 516 W 38th St, Unit 1/2 | $1250 | 3 | 1 | 1176 | 0.8 mi |
| 9 | 920 W Victory Dr | $1750 | 3 | 1 | 972 | 0.4 mi |
| 10 | 210A W 58th St | $1625 | 3 | 1 | 1200 | 1.2 mi |
| 11 | 211 W 55th St | $1700 | 3 | 1 | 977 | 0.9 mi |
| 12 | 507 W 38th St | $2200 | 3 | 1 | 950 | 0.8 mi |
| 13 | 505 W 38th St, # 505 | $1800 | 3 | 1.5 | 1050 | 0.8 mi |
| 14 | 308 W 40th St, Unit B | $2900 | 3 | 1 | 1300 | 0.7 mi |
| 15 | 309 W 31st St | $2350 | 3 | 1 | 1250 | 1.4 mi |
| 16 | 638 W 35th St | $2000 | 3 | 1 | 936 | 1 mi |
| 17 | 302 W 31st St | $2500 | 3 | 1 | 1250 | 1.5 mi |
| 18 | 823 W 39th St | $1850 | 3 | 2 | 1100 | 0.7 mi |
| 19 | 509 W 38th St, # B | $2300 | 3 | 2 | 1100 | 0.8 mi |
| 20 | 512 W 38th St, Unit B | $1425 | 3 | 2 | 1099 | 0.8 mi |
| 21 | 312 W Pearl St | $1550 | 3 | 1 | 1420 | 0.5 mi |
| 22 | 312 Pearl St | $1550 | 3 | 1 | 1420 | 0.5 mi |
| 23 | 213 W 31st St | $2250 | 3 | 1.5 | 1184 | 1.5 mi |
| 24 | 728 W 44th St | $1550 | 3 | 1 | 1470 | 0.2 mi |
| 25 | 720 W Victory Dr | $1800 | 3 | 1 | 0.3 mi |