REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3328 Sunny Meadows Ct, Birmingham, AL 35242

3 beds • 3 baths • 2360 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.7% first-year return on $107k initial cash invested.

-16.7%

Cash On Cash

2.28%

Cap Rate

0.36

DSCR

$1,905

Rent

-$1,492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,905 income − $3,397 expenses = $1,492 out of pocket

Income$1,905Out of Pocket$1,492Mortgage P&I$2,223117%Property Taxes$1066%Insurance$1498%HOA$5Management$28615%CapEx$764%Maintenance$764%Other$47625%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,980

Closing costs

1%

$4,249

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,905

Total Expenses

$3,397

Mortgage P&I

117%

$2,223

Property Taxes

6%

$106

Home Insurance

8%

$149

HOA

0%

$5

Property Management

15%

$286

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$476

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis