REI Lense

REI Lense

Unlock all features! Tap here to upgrade

113 Mineral Lake Rd, Lexington, SC 29073

3 beds • 2 baths • 1300 sqft

Email

This property might be a fair Airbnb investment with a projected 8.34% first-year return on $66,300 initial cash invested.

8.34%

Cash On Cash

9.19%

Cap Rate

1.51

DSCR

$3,315

Rent

$461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,315 income − $2,854 expenses = $461 cash flow

Income$3,315Mortgage P&I$1,16835%Property Taxes$14Insurance$802%Management$49715%CapEx$1334%Maintenance$1334%Other$82925%Cash Flow$461

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,315

Total Expenses

$2,854

Mortgage P&I

35%

$1,168

Property Taxes

0%

$14

Home Insurance

2%

$80

HOA

0%

$0

Property Management

15%

$497

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$829

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis