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 -10.15% first-year return on $89,484 initial cash invested.

-10.15%

Cash On Cash

3.62%

Cap Rate

0.61

DSCR

$2,414

Rent

-$757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,414 income − $3,171 expenses = $757 out of pocket

Income$2,414Out of Pocket$757Mortgage P&I$1,68670%Property Taxes$1516%Insurance$1225%HOA$522%Management$36215%CapEx$974%Maintenance$974%Other$60425%

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

$2,414

Total Expenses

$3,171

Mortgage P&I

70%

$1,686

Property Taxes

6%

$151

Home Insurance

5%

$122

HOA

2%

$52

Property Management

15%

$362

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$604

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis