REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -16.72% first-year return on $59,850 initial cash invested.
Cash On Cash
-16.72%
Cap Rate
3.25%
Rent
$1,753
Cashflow
-$834
Rent Confidence: High
Annual
$21,036
Median
$1,795
Avg
$1,772
Samples
25
Financing
Purchase Price $285k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $59,850
Downpayment 20% $57,000
Closing costs 1% $2,850
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,753
Total Expenses $2,587
Mortgage P&I 87% $1,517
Property Taxes 29% $514
Home Insurance 6% $100
PManagement 10% $175
CapEx 5% $88
Vacancy 6% $105
Maintenance 5% $88
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 1111 W Rundberg Ln, Unit A | $1650 | 3 | 2 | 1048 | 0.8 mi |
| 2 | 1113 W Rundberg Ln, Unit B | $1495 | 3 | 2 | 1048 | 0.9 mi |
| 3 | 8515 New Hampshire Dr | $2250 | 3 | 2 | 1070 | 1.2 mi |
| 4 | 1207 W Rundberg Ln, Unit A | $1695 | 3 | 2 | 1123 | 1.2 mi |
| 5 | 9504 Oriole Dr | $1850 | 3 | 1.5 | 969 | 0.7 mi |
| 6 | 1202 Woodfield Dr, Unit A | $2150 | 3 | 2 | 1200 | 1.1 mi |
| 7 | 8517 New Hampshire Dr | $2195 | 3 | 2 | 1200 | 1.2 mi |
| 8 | 906 E Meadowmere Ln | $1850 | 3 | 2 | 1225 | 1.1 mi |
| 9 | 502 W Elliott St | $2200 | 3 | 2 | 1266 | 0.7 mi |
| 10 | 8915 Little Walnut Pkwy | $1800 | 3 | 2 | 1293 | 0.4 mi |
| 11 | 8908 Capitol Dr | $2400 | 3 | 2 | 1285 | 0.6 mi |
| 12 | 203 E Garrett Run | $1850 | 3 | 2 | 1235 | 1.1 mi |
| 13 | 501 Oakley Ct | $1795 | 3 | 1 | 999 | 0.5 mi |
| 14 | 9103 Slayton Dr | $1700 | 3 | 1 | 966 | 0.2 mi |
| 15 | 9604 Blue Creek Ln | $1600 | 3 | 1.5 | 1137 | 1 mi |
| 16 | 903 W Village Ln | $1650 | 3 | 2.5 | 1137 | 1.1 mi |
| 17 | 912 E Village Ln | $1900 | 3 | 2.5 | 1137 | 1 mi |
| 18 | 902 W Village Ln | $1650 | 3 | 2.5 | 1137 | 1.1 mi |
| 19 | 912 W Village Ln | $1900 | 3 | 2.5 | 1137 | 1.1 mi |
| 20 | 1010 W Rundberg Ln, Unit 4 | $1650 | 3 | 2.5 | 1170 | 0.7 mi |
| 21 | 9104 Quail Creek Dr | $875 | 3 | 2 | 1353 | 0.5 mi |
| 22 | 9104 Quail Creek Dr, Unit 2B | $700 | 3 | 2 | 0.5 mi | |
| 23 | 9108 Georgian Dr | $1795 | 3 | 1 | 1101 | 0.2 mi |
| 24 | 9503 Quail Village Ln | $1650 | 3 | 1.5 | 1193 | 0.8 mi |
| 25 | 9504 Quail Village Ln | $2050 | 3 | 2.5 | 1193 | 0.8 mi |
Projections