REI Lense

REI Lense

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Target property

120 Water Oak Ct, Harvest, AL 35749

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Airbnb investment with a projected -23.85% first-year return on $73,566 initial cash invested.

-23.85%

Cash On Cash

-0.68%

Cap Rate

-0.12

DSCR

$0

Rent

-$1,462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $1,462 expenses = $1,462 out of pocket

Income$0Out of Pocket$1,462Mortgage P&I$1,311Property Taxes$57Insurance$94

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,566

Downpayment

20%

$52,920

Closing costs

1%

$2,646

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,462

Mortgage P&I

13110000%

$1,311

Property Taxes

570000%

$57

Home Insurance

940000%

$94

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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