REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2281 Sterling Ridge Cir, Vestavia, AL 35216

3 beds • 3 baths • 2312 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.87% first-year return on $126k initial cash invested.

-19.87%

Cash On Cash

1.29%

Cap Rate

0.22

DSCR

$1,923

Rent

-$2,089

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,923 income − $4,012 expenses = $2,089 out of pocket

Income$1,923Out of Pocket$2,089Mortgage P&I$2,567133%Property Taxes$30516%Insurance$18410%HOA$332%Management$28815%CapEx$774%Maintenance$774%Other$48125%

Investment Breakdown

|

Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,923

Total Expenses

$4,012

Mortgage P&I

133%

$2,567

Property Taxes

16%

$305

Home Insurance

10%

$184

HOA

2%

$33

Property Management

15%

$288

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$481

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis