REI Lense

REI Lense

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Target property

1142 Rock Crest Dr, Mc Calla, AL 35111

3 beds • 2 baths • 1421 sqft

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This property looks like a bad Airbnb investment with a projected -25.17% first-year return on $78,900 initial cash invested.

-25.17%

Cash On Cash

-0.91%

Cap Rate

-0.15

DSCR

$0

Rent

-$1,655

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $1,655 expenses = $1,655 out of pocket

Income$0Out of Pocket$1,655Mortgage P&I$1,434Property Taxes$100Insurance$108HOA$13

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,655

Mortgage P&I

14340000%

$1,434

Property Taxes

1000000%

$100

Home Insurance

1080000%

$108

HOA

130000%

$13

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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