REI Lense

REI Lense

Unlock all features! Tap here to upgrade

102 Meadowlark Dr, Hartselle, AL 35640

3 beds • 2 baths • 1288 sqft

Email

This property might be a fair Airbnb investment with a projected 4.63% first-year return on $62,940 initial cash invested.

4.63%

Cash On Cash

8.5%

Cap Rate

1.31

DSCR

$2,918

Rent

$243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,918 income − $2,675 expenses = $243 cash flow

Income$2,918Mortgage P&I$1,15540%Property Taxes$391%Insurance$793%Management$43815%CapEx$1174%Maintenance$1174%Other$73025%Cash Flow$243

Investment Breakdown

|

Purchase Price

$214k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,940

Downpayment

20%

$42,800

Closing costs

1%

$2,140

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,918

Total Expenses

$2,675

Mortgage P&I

40%

$1,155

Property Taxes

1%

$39

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$438

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$730

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis