REI Lense

REI Lense

Unlock all features! Tap here to upgrade

260 County Road 231, Florence, AL 35633

3 beds • 2 baths • 2298 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.29% first-year return on $78,795 initial cash invested.

-9.29%

Cash On Cash

3.95%

Cap Rate

0.64

DSCR

$1,964

Rent

-$610

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,964 income − $2,574 expenses = $610 out of pocket

Income$1,964Out of Pocket$610Mortgage P&I$1,48576%Property Taxes$442%Insurance$1015%Management$29515%CapEx$794%Maintenance$794%Other$49125%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,795

Downpayment

20%

$57,900

Closing costs

1%

$2,895

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,964

Total Expenses

$2,574

Mortgage P&I

76%

$1,485

Property Taxes

2%

$44

Home Insurance

5%

$101

HOA

0%

$0

Property Management

15%

$295

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$491

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis