REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -11.54% first-year return on $52,498 initial cash invested.
Cash On Cash
-11.54%
Cap Rate
4.32%
Rent
$1,979
Cashflow
-$505
Rent Confidence: High
Annual
$23,748
Median
$1,995
Avg
$2,004
Samples
25
Financing
Purchase Price $250k
Downpayment 20.0%
Interest Rate 6.8%
Mortgage Duration 30yr.
Cash To Invest
Total $52,498
Downpayment $49,998
Closing costs $2,500
Rehab $0
Furnishing $0
Cashflow
Total Income $1,979
Total Expenses $2,484
Mortgage P&I $1,307
Property Taxes $574
Home Insurance $88
PManagement 10% $198
CapEx 5% $99
Vacancy 6% $119
Maintenance 5% $99
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1702 Cherry Orchard Dr | $1925 | 3 | 1 | 910 | 0.3 mi |
| 2 | 7103 Cherry Meadow Dr | $1900 | 3 | 1 | 894 | 0 mi |
| 3 | 6802 Bissel Cir | $1950 | 3 | 1 | 876 | 0.4 mi |
| 4 | 6905 Cherry Meadow Dr | $2000 | 3 | 1 | 1040 | 0.2 mi |
| 5 | 7003 Cherry Meadow Dr | $2400 | 3 | 1 | 1088 | 0.1 mi |
| 6 | 6914 Cherrydale Dr | $1995 | 3 | 1.5 | 986 | 0.1 mi |
| 7 | 1201 Matthews Ln | $1950 | 3 | 1 | 1284 | 0.6 mi |
| 8 | 7229 Aldea Dr, Unit A | $1850 | 3 | 2 | 1022 | 0.8 mi |
| 9 | 7209 Aldea Dr, Unit A | $1595 | 3 | 2 | 1041 | 0.7 mi |
| 10 | 1221 Armadillo Rd, Unit B | $1750 | 3 | 2 | 1040 | 0.8 mi |
| 11 | 6708 Woodhue Dr | $2700 | 3 | 2 | 1072 | 0.6 mi |
| 12 | 1800 Bissel Ln, Unit 2 | $2695 | 3 | 2 | 1100 | 0.5 mi |
| 13 | 1235 Armadillo Rd, Unit A | $1895 | 3 | 2 | 1092 | 0.8 mi |
| 14 | 1717 Constantino Cir, Unit B | $1750 | 3 | 2 | 1134 | 0.3 mi |
| 15 | 1118 Stoneoak Ln | $2050 | 3 | 2 | 1101 | 0.7 mi |
| 16 | 2105 Matthews Ln | $2500 | 3 | 2 | 1123 | 0.6 mi |
| 17 | 1008 Hillside Oaks Dr | $2100 | 3 | 2 | 1119 | 0.9 mi |
| 18 | 1207 Cullers Cv | $1950 | 3 | 2 | 1161 | 0.6 mi |
| 19 | 1006 Bodark Ln | $2000 | 3 | 2 | 1143 | 0.8 mi |
| 20 | 7115 Dan Jean Dr, Unit B | $1550 | 2 | 1 | 900 | 0.1 mi |
| 21 | 1007 Acorn Oaks Dr | $1995 | 3 | 2 | 1175 | 0.8 mi |
| 22 | 7109 Dan Jean Dr | $1500 | 3 | 2 | 0.1 mi | |
| 23 | 1210 Spearson Ln | $1999 | 3 | 2 | 1179 | 0.9 mi |
| 24 | 7017 Crosswood Dr | $2000 | 3 | 2 | 1198 | 0.7 mi |
| 25 | 1205 Stoneoak Ln | $2095 | 3 | 2 | 1212 | 0.6 mi |