REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -10.36% first-year return on $88,179 initial cash invested.
Cash On Cash
-10.36%
Cap Rate
4.55%
Rent
$2,337
Cashflow
-$761
Rent Confidence: High
Annual
$28,044
Median
$2,395
Avg
$2,338
Samples
25
Financing
Purchase Price $420k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $88,179
Downpayment 20% $83,980
Closing costs 1% $4,199
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $2,337
Total Expenses $3,098
Mortgage P&I 96% $2,235
Property Taxes 5% $108
Home Insurance 6% $147
PManagement 10% $234
CapEx 5% $117
Vacancy 6% $140
Maintenance 5% $117
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 343 Camelia Ln | $1875 | 3 | 2 | 1568 | 0.5 mi |
| 2 | 62 Tipperary Dr | $2100 | 3 | 2 | 1568 | 2.7 mi |
| 3 | 121 Estelle Park Dr | $2395 | 3 | 2 | 1420 | 1.5 mi |
| 4 | 110 Owens Creek Rd | $2598 | 3 | 2 | 1499 | 2.7 mi |
| 5 | 227 Johnston Blvd | $2000 | 3 | 1.5 | 1560 | 1.8 mi |
| 6 | 63 Ben Lippen Rd | $2500 | 3 | 2 | 1772 | 1.7 mi |
| 7 | 41 Fieldcrest Cir | $2875 | 3 | 2 | 1711 | 2.3 mi |
| 8 | 3 Dadoo Dr | $1995 | 3 | 2 | 1653 | 2.9 mi |
| 9 | 12 Guinevere Ct | $2300 | 3 | 2 | 1350 | 1.6 mi |
| 10 | 117 Estelle Park Dr | $2495 | 3 | 2 | 1335 | 1.6 mi |
| 11 | 59 Deaverview Rd | $2200 | 3 | 2 | 1448 | 2.9 mi |
| 12 | 102 Estelle Park Dr | $2600 | 3 | 2 | 1312 | 1.7 mi |
| 13 | 46 Mitchell Ave | $2300 | 3 | 2 | 1487 | 3.5 mi |
| 14 | 217 Fernstone Rd | $3250 | 3 | 2 | 1600 | 4 mi |
| 15 | 129 Cranford Rd | $2395 | 3 | 2 | 1564 | 4.3 mi |
| 16 | 1460 Patton Ave Apt B | $1950 | 3 | 2 | 1450 | 3.3 mi |
| 17 | 96 Louisiana Ave | $2395 | 3 | 2 | 1602 | 4.2 mi |
| 18 | 11 Sheppard Dr | $2900 | 3 | 2 | 1837 | 2.3 mi |
| 19 | 105 Owens Creek Rd | $2597 | 3 | 2.5 | 1500 | 2.7 mi |
| 20 | 81 Starnes Cove Rd | $1695 | 3 | 2 | 1455 | 3.8 mi |
| 21 | 102 Owens Creek Rd | $2598 | 3 | 2.5 | 1500 | 2.7 mi |
| 22 | 28 Sunset Dr | $2400 | 3 | 2 | 1344 | 3 mi |
| 23 | 26 Forest Ridge Dr | $2280 | 3 | 3 | 1468 | 1.4 mi |
| 24 | 9 Alex Breeze Way | $1850 | 3 | 2 | 1261 | 2.6 mi |
| 25 | 406 Villas Ct | $1895 | 3 | 2.5 | 1330 | 1.7 mi |
Projections