REI Lense

REI Lense

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Target property

282 Amber St, Calera, AL 35040

3 beds • 2 baths • 1437 sqft

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This property looks like a bad Airbnb investment with a projected -24.95% first-year return on $74,175 initial cash invested.

-24.95%

Cash On Cash

-0.91%

Cap Rate

-0.15

DSCR

$0

Rent

-$1,542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $1,542 expenses = $1,542 out of pocket

Income$0Out of Pocket$1,542Mortgage P&I$1,339Property Taxes$109Insurance$94

Investment Breakdown

|

Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,175

Downpayment

20%

$53,500

Closing costs

1%

$2,675

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,542

Mortgage P&I

13390000%

$1,339

Property Taxes

1090000%

$109

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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