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 9.56% first-year return on $66,300 initial cash invested.

9.56%

Cash On Cash

9.57%

Cap Rate

1.57

DSCR

$3,444

Rent

$528

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,444 income − $2,916 expenses = $528 cash flow

Income$3,444Mortgage P&I$1,16834%Property Taxes$14Insurance$802%Management$51715%CapEx$1384%Maintenance$1384%Other$86125%Cash Flow$528

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

$3,444

Total Expenses

$2,916

Mortgage P&I

34%

$1,168

Property Taxes

0%

$14

Home Insurance

2%

$80

HOA

0%

$0

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$861

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis