REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1316 Shades Ter, Irondale, AL 35210

3 beds • 2 baths • 1426 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.94% first-year return on $101k initial cash invested.

-11.94%

Cash On Cash

3.24%

Cap Rate

0.54

DSCR

$2,530

Rent

-$1,002

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,530 income − $3,532 expenses = $1,002 out of pocket

Income$2,530Out of Pocket$1,002Mortgage P&I$1,96478%Property Taxes$1938%Insurance$1365%HOA$251%Management$38015%CapEx$1014%Maintenance$1014%Other$63225%

Investment Breakdown

|

Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,800

Closing costs

1%

$3,940

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,530

Total Expenses

$3,532

Mortgage P&I

78%

$1,964

Property Taxes

8%

$193

Home Insurance

5%

$136

HOA

1%

$25

Property Management

15%

$380

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$632

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis