REI Lense

REI Lense

Unlock all features! Tap here to upgrade

310 Lone Oak Drive, New Albany, IN 47150

3 beds • 2 baths • 1820 sqft

Email

This property might be a fair Airbnb investment with a projected 0.29% first-year return on $66,132 initial cash invested.

0.29%

Cash On Cash

7.06%

Cap Rate

1.1

DSCR

$2,783

Rent

$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,783 income − $2,767 expenses = $16 cash flow

Income$2,783Mortgage P&I$1,22244%Property Taxes$1285%Insurance$823%Management$41715%CapEx$1114%Maintenance$1114%Other$69625%Cash Flow$16

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,132

Downpayment

20%

$45,840

Closing costs

1%

$2,292

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,783

Total Expenses

$2,767

Mortgage P&I

44%

$1,222

Property Taxes

5%

$128

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$417

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$696

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis