REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -10.73% first-year return on $83,999 initial cash invested.
Cash On Cash
-10.73%
Cap Rate
4.52%
Rent
$2,562
Cashflow
-$751
Rent Confidence: High
Annual
$30,744
Median
$2,750
Avg
$2,559
Samples
25
Financing
Purchase Price $400k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $83,999
Downpayment 20% $79,999
Closing costs 1% $4,000
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,562
Total Expenses $3,313
Mortgage P&I 83% $2,129
Property Taxes 15% $378
Home Insurance 5% $140
PManagement 10% $256
CapEx 5% $128
Vacancy 6% $154
Maintenance 5% $128
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1375 Forest Ave, # 2 | $2166 | 3 | 1 | 1100 | 1 mi |
| 2 | 143 Lane Ave | $2850 | 3 | 1 | 960 | 0.3 mi |
| 3 | 219 Halidon St | $3500 | 3 | 1 | 1100 | 2.4 mi |
| 4 | 185 Ray St | $2065 | 3 | 1 | 1100 | 2.7 mi |
| 5 | 22 Bailey Ave | $1750 | 3 | 1 | 0.4 mi | |
| 6 | 157 Wolcott St | $2800 | 3 | 1 | 1092 | 3.6 mi |
| 7 | 52 Roberts St | $2900 | 3 | 1 | 1255 | 4.8 mi |
| 8 | 18 Seavey St, Unit 16-2 | $2410 | 3 | 1 | 1400 | 3.4 mi |
| 9 | 100 Bolton St | $2800 | 3 | 1.5 | 1200 | 4.3 mi |
| 10 | 10 Franklin St, # 1 | $2700 | 3 | 1 | 1265 | 5.1 mi |
| 11 | 21 Mayfield St | $2800 | 3 | 2 | 1300 | 1.6 mi |
| 12 | 21 Mayfield St, # 2 | $3000 | 3 | 2 | 1300 | 1.6 mi |
| 13 | 1056 Forest Avenue-1056 Forest Ave, Apt 1 | $2750 | 3 | 1 | 2.1 mi | |
| 14 | 700 Ocean Ave, Unit 2 | $2500 | 3 | 1 | 1000 | 3.8 mi |
| 15 | 105 Dartmouth-furnished St, Unit 1 | $3700 | 3 | 1 | 1400 | 4.2 mi |
| 16 | 18 Jackson St | $2950 | 3 | 1.5 | 1400 | 2.8 mi |
| 17 | 204 Hicks St | $2200 | 2 | 1 | 1200 | 0.9 mi |
| 18 | 105 Dartmouth St, Fl 2 | $2850 | 3 | 1 | 1500 | 4.2 mi |
| 19 | 77 William St, # 1 | $3200 | 3 | 2 | 1200 | 4.3 mi |
| 20 | 31 Frederic St, Apt 5 | $2254 | 3 | 1 | 1405 | 5.2 mi |
| 21 | 588 Ocean Ave | $1200 | 3 | 1 | 1600 | 3.7 mi |
| 22 | 187-189 Rochester St | $1600 | 3 | 1 | 3.7 mi | |
| 23 | 529 Washington Ave, Apt 3 | $2495 | 3 | 1 | 964 | 4.6 mi |
| 24 | 29 Frederic St, Unit A | $2750 | 3 | 1 | 1000 | 5.2 mi |
| 25 | 67 Maggie Ln | $1785 | 2 | 1 | 1250 | 1.3 mi |
Projections