REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -9.85% first-year return on $63,000 initial cash invested.
Cash On Cash
-9.85%
Cap Rate
4.69%
Rent
$1,837
Cashflow
-$517
Rent Confidence: High
Annual
$22,044
Median
$1,800
Avg
$1,837
Samples
25
Financing
Purchase Price $300k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $63,000
Downpayment 20% $60,000
Closing costs 1% $3,000
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,837
Total Expenses $2,354
Mortgage P&I 87% $1,597
Property Taxes 9% $174
Home Insurance 6% $105
PManagement 10% $184
CapEx 5% $92
Vacancy 6% $110
Maintenance 5% $92
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2451 Jimmy Carter Way | $1699 | 3 | 2 | 1092 | 0.8 mi |
| 2 | 524 Parnell Dr | $1670 | 3 | 2 | 1100 | 1 mi |
| 3 | 1109 Thelonious Dr | $2400 | 3 | 2 | 1072 | 1.7 mi |
| 4 | 832 Brigham Rd | $1595 | 3 | 1.5 | 1107 | 0 mi |
| 5 | 1117 Thelonious Dr | $1700 | 3 | 2 | 1103 | 1.7 mi |
| 6 | 516 Dacian Rd | $1400 | 3 | 1.5 | 1058 | 0.4 mi |
| 7 | 1705 E Lenoir St | $1800 | 3 | 2 | 1150 | 1.1 mi |
| 8 | 860 Darby St | $1550 | 3 | 2 | 1045 | 1.8 mi |
| 9 | 2516 Little John Rd | $2100 | 3 | 2 | 1180 | 0.9 mi |
| 10 | 708 Peyton St | $1495 | 3 | 1.5 | 1128 | 0.2 mi |
| 11 | 1504 Malta Ave | $1550 | 3 | 2 | 950 | 1.1 mi |
| 12 | 1506 E Lenoir St | $2165 | 3 | 2 | 1204 | 1.2 mi |
| 13 | 804 Vardaman St, Unit B | $2375 | 3 | 2 | 1200 | 1.3 mi |
| 14 | 2504 Little John Rd | $2195 | 3 | 2 | 1250 | 0.8 mi |
| 15 | 619 Rawls St, Unit 102 | $1900 | 3 | 2 | 1000 | 2.1 mi |
| 16 | 619 Rawls Dr, Unit 101 | $1850 | 3 | 2 | 1000 | 2.1 mi |
| 17 | 619 Rawls Dr, Unit 102 | $1900 | 3 | 2 | 1000 | 2.1 mi |
| 18 | 1112 Coleman St | $2350 | 3 | 2 | 1201 | 1.5 mi |
| 19 | 1510 Malta Ave | $1800 | 3 | 2 | 920 | 1.1 mi |
| 20 | 901 Greenwich St | $1200 | 3 | 2 | 1250 | 1.2 mi |
| 21 | 141 Lord Ashley Rd | $1945 | 3 | 2 | 1183 | 2 mi |
| 22 | 833 Coleman St | $2250 | 3 | 2 | 1250 | 1.5 mi |
| 23 | 2300 Shannon St | $1650 | 3 | 1.5 | 975 | 0.8 mi |
| 24 | 2407 Maplewood Ln | $1640 | 3 | 2 | 1296 | 1 mi |
| 25 | 1401 E Lenoir St | $1750 | 3 | 2 | 1283 | 1.3 mi |
Projections