REI Lense

REI Lense

Unlock all features! Tap here to upgrade

304 Andover Dr, Florence, AL 35633

3 beds • 3 baths • 2000 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.88% first-year return on $89,484 initial cash invested.

-11.88%

Cash On Cash

3.13%

Cap Rate

0.53

DSCR

$2,166

Rent

-$886

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,166 income − $3,052 expenses = $886 out of pocket

Income$2,166Out of Pocket$886Mortgage P&I$1,68678%Property Taxes$1517%Insurance$1226%HOA$522%Management$32515%CapEx$874%Maintenance$874%Other$54225%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,484

Downpayment

20%

$68,080

Closing costs

1%

$3,404

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,166

Total Expenses

$3,052

Mortgage P&I

78%

$1,686

Property Taxes

7%

$151

Home Insurance

6%

$122

HOA

2%

$52

Property Management

15%

$325

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$542

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis