REI Lense- Airbnb
- Long-Term
- Mid-Term
- New
This property looks like a bad Long-Term investment with a projected -18.35% first-year return on $96,600 initial cash invested.
Cash On Cash
-18.35%
Cap Rate
2.68%
Rent
$1,640
Cashflow
-$1,477
Financing
Purchase Price $460k
Downpayment 20.0%
Interest Rate 6.9%
Mortgage Duration 30yr.
Cash To Invest
Total $96,600
Downpayment 20% $92,000
Closing costs 1% $4,600
Rehab 0% $0
Furnishing 0% $0
Cashflow
Total Income $1,640
Total Expenses $3,117
Mortgage P&I 148% $2,424
Property Taxes 6% $106
Home Insurance 10% $161
PManagement 10% $164
CapEx 5% $82
Vacancy 6% $98
Maintenance 5% $82
Other 0% $0
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