REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -8.73% first-year return on $57,750 initial cash invested.
Cash On Cash
-8.73%
Cap Rate
4.9%
Rent
$1,607
Cashflow
-$420
Rent Confidence: High
Annual
$19,284
Median
$1,600
Avg
$1,624
Samples
25
Financing
Purchase Price $275k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $57,750
Downpayment $55,000
Closing costs $2,750
Rehab $0
Furnishing $0
Cashflow
Total Income $1,607
Total Expenses $2,027
Mortgage P&I $1,464
Property Taxes $50
Home Insurance $96
PManagement $161
CapEx $80
Vacancy $96
Maintenance $80
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 5301 Vance Ave | $1900 | 2 | 1 | 1008 | 1.1 mi |
| 2 | 6712 Bywood Rd | $1880 | 2 | 1 | 1000 | 1.4 mi |
| 3 | 3943 Beachman Dr | $2100 | 2 | 1.5 | 955 | 1.7 mi |
| 4 | 7905 Empire Ave | $1299 | 2 | 2 | 943 | 0.4 mi |
| 5 | 5108 Rebecca Ct | $1395 | 2 | 2 | 899 | 0.5 mi |
| 6 | 7804 Empire Ave | $1500 | 2 | 1 | 675 | 0.3 mi |
| 7 | 7477 Mott Ave, Unit 7477 | $1500 | 2 | 1 | 680 | 0.5 mi |
| 8 | 6833 Magnolia Pointe Cir | $1550 | 2 | 2 | 967 | 1.5 mi |
| 9 | 6776 Magnolia Pointe Cir | $1550 | 2 | 2 | 967 | 1.6 mi |
| 10 | 4559 Oak Arbor Cir, # 4559 | $1600 | 2 | 2 | 984 | 1.6 mi |
| 11 | 4490 Oak Arbor Cir | $1595 | 2 | 2 | 984 | 1.6 mi |
| 12 | 4103 Plantation Cove Dr | $1695 | 2 | 2 | 1028 | 1.4 mi |
| 13 | 3723 Shady Grove Cir | $1500 | 2 | 2 | 986 | 2.1 mi |
| 14 | 4103 Plantation Cove Dr, Unit 1 | $1695 | 2 | 2.5 | 1028 | 1.4 mi |
| 15 | 6716 Mott Ave | $1700 | 2 | 1 | 1662 | 0.8 mi |
| 16 | 6994 Woodlake Dr | $1600 | 2 | 2.5 | 1053 | 1.4 mi |
| 17 | 4107 Plantation Cove Dr | $1595 | 2 | 2.5 | 1106 | 1.4 mi |
| 18 | 4111 Plantation Cove Dr | $1500 | 2 | 2.5 | 1106 | 1.4 mi |
| 19 | 4109 Caywood Cir | $1650 | 3 | 1 | 888 | 1.7 mi |
| 20 | 7710 Clubdale Loop | $1700 | 2 | 2 | 1256 | 1.7 mi |
| 21 | 6716 Magnolia Pointe Cir | $1599 | 2 | 2 | 1280 | 1.5 mi |
| 22 | 4253 Plantation Cove Dr | $1400 | 2 | 2.5 | 1152 | 1.3 mi |
| 23 | 4215 Plantation Cove Dr | $1640 | 2 | 2.5 | 1152 | 1.3 mi |
| 24 | 4149 Plantation Cove Dr | $1700 | 2 | 2.5 | 1152 | 1.3 mi |
| 25 | 4263 Plantation Cove Dr, Unit 4263 | $1750 | 2 | 2.5 | 1152 | 1.3 mi |