REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -7.05% first-year return on $43,050 initial cash invested.
Cash On Cash
-7.05%
Cap Rate
5.26%
Rent
$1,285
Cashflow
-$253
Rent Confidence: High
Annual
$15,420
Median
$1,295
Avg
$1,309
Samples
25
Financing
Purchase Price $205k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $43,050
Downpayment 20% $41,000
Closing costs 1% $2,050
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,285
Total Expenses $1,538
Mortgage P&I 85% $1,088
Property Taxes 4% $45
Home Insurance 6% $72
PManagement 10% $128
CapEx 5% $64
Vacancy 6% $77
Maintenance 5% $64
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 3315 N Church St | $1000 | 2 | 1 | 868 | 1.8 mi |
| 2 | 3100 N Elm St | $1050 | 2 | 1 | 915 | 1.3 mi |
| 3 | 2014 Colonial Ave | $1534 | 2 | 1 | 784 | 2.8 mi |
| 4 | 610 Pisgah Church Rd, Unit 2 | $1395 | 2 | 1 | 0.3 mi | |
| 5 | 2005 W Cone Blvd | $945 | 2 | 1 | 950 | 2.6 mi |
| 6 | 4202 Bell Orchard Dr | $1200 | 2 | 1 | 0.8 mi | |
| 7 | 3501 N Church St | $825 | 2 | 1.5 | 986 | 1.5 mi |
| 8 | 4618 Lawndale Dr, Unit F | $1350 | 2 | 1 | 1036 | 2.7 mi |
| 9 | 3410 Hadham Pl | $1175 | 2 | 1 | 2 mi | |
| 10 | 3516 N Church St | $1100 | 2 | 1 | 1148 | 1.5 mi |
| 11 | 3536 Lawndale Dr, Apt B | $1250 | 2 | 1 | 2.3 mi | |
| 12 | 525 Denny Rd | $1500 | 2 | 1 | 2.4 mi | |
| 13 | 1373 Lees Chapel Rd | $915 | 2 | 1 | 2.6 mi | |
| 14 | 3237 Yanceyville St | $780 | 2 | 2 | 864 | 2.8 mi |
| 15 | 116 Wesley Harris Cir | $1595 | 2 | 2 | 0.3 mi | |
| 16 | 19 Park Village Ln | $1600 | 2 | 2 | 0.5 mi | |
| 17 | 2905 Cottage Pl | $895 | 2 | 2.6 mi | ||
| 18 | 60 Nandina Dr | $1600 | 2 | 2 | 0.7 mi | |
| 19 | 116 Wesley Harris Cir, Unit 116 | $1595 | 2 | 2 | 1148 | 0.3 mi |
| 20 | 309 Pisgah Church Rd, Ste G | $1100 | 2 | 2 | 1 mi | |
| 21 | 309 Pisgah Church Rd, Unit 311-2 | $2215 | 1 | 1 | 875 | 1 mi |
| 22 | 4620 Lawndale Dr, Unit D | $1425 | 2 | 1.5 | 2.6 mi | |
| 23 | 105 Silhouette Dr | $1395 | 2 | 2.5 | 871 | 2.7 mi |
| 24 | 2103 Cottage Pl | $2000 | 2 | 2 | 1.3 mi | |
| 25 | 4704 Lawndale Dr, Unit B | $1295 | 2 | 1.5 | 1151 | 2.6 mi |
Projections