REI Lense- Airbnb
- Long-Term
- Mid-Term
This property looks like a bad Long-Term investment with a projected -15.9% first-year return on $87,150 initial cash invested.
Cash On Cash
-15.9%
Cap Rate
3.32%
Rent
$1,855
Cashflow
-$1,155
Rent Confidence: High
Annual
$22,260
Median
$1,900
Avg
$1,855
Samples
25
Financing
Purchase Price $415k
Downpayment 20.0%
Interest Rate 7.0%
Mortgage Duration 30yr.
Cash To Invest
Total $87,150
Downpayment $83,000
Closing costs $4,150
Rehab $0
Furnishing $0
Cashflow
Total Income $1,855
Total Expenses $3,010
Mortgage P&I $2,209
Property Taxes $173
Home Insurance $145
PManagement $186
CapEx $93
Vacancy $111
Maintenance $93
Other $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 2 Kentucky Dr | $1500 | 2 | 1 | 872 | 0.1 mi |
| 2 | 135 Michigan Ave | $2000 | 2 | 1 | 892 | 0.5 mi |
| 3 | 124 State St | $1900 | 2 | 1 | 900 | 0.6 mi |
| 4 | 85 Alabama Ave, Apt 3 | $1295 | 2 | 1 | 860 | 0.5 mi |
| 5 | 89 Vermont Ave, Apt 4 | $1750 | 2 | 1 | 900 | 1.3 mi |
| 6 | State St | $2250 | 2 | 1 | 1000 | 0.1 mi |
| 7 | 50 Vance Crescent Ext | $1950 | 2 | 1 | 950 | 1.2 mi |
| 8 | 66 Mildred Ave | $2000 | 2 | 1 | 850 | 1.6 mi |
| 9 | 102 Middlemont Ave | $2700 | 2 | 1 | 875 | 2.2 mi |
| 10 | 54 Downing St | $1950 | 2 | 1 | 800 | 1.3 mi |
| 11 | 4 Wilshire Dr | $1895 | 2 | 1 | 864 | 2.6 mi |
| 12 | 217 Fayetteville St | $1750 | 2 | 1 | 982 | 1.7 mi |
| 13 | 90 Fairfax Ave | $2100 | 2 | 1 | 745 | 0.8 mi |
| 14 | 72 Riverview Dr | $2100 | 2 | 1 | 798 | 1.8 mi |
| 15 | 38 Huffman Rd | $1950 | 2 | 1 | 890 | 3.4 mi |
| 16 | 615 Biltmore Ave, Apt X4 | $1900 | 2 | 1 | 912 | 3.2 mi |
| 17 | 615 Biltmore Ave, Apt U4 | $1795 | 2 | 1 | 914 | 3.2 mi |
| 18 | 615 Biltmore Ave, Apt R1 | $1250 | 2 | 1 | 912 | 3.2 mi |
| 19 | 23 Jarrett St | $2100 | 2 | 1 | 1057 | 1.1 mi |
| 20 | 919 Haywood Rd | $1650 | 2 | 1 | 1010 | 1.9 mi |
| 21 | 37 Shadowlawn Drivetop Level | $1400 | 2 | 1 | 910 | 3.4 mi |
| 22 | 23 State St | $1995 | 2 | 1.5 | 970 | 0.9 mi |
| 23 | 21 State St | $1900 | 2 | 1.5 | 970 | 0.9 mi |
| 24 | 615 Biltmore Ave | $1400 | 2 | 1 | 930 | 3.2 mi |
| 25 | 44 Clinton Ave | $1900 | 2 | 1 | 784 | 1.9 mi |