REI Lense

REI Lense

Unlock all features! Tap here to upgrade

400 Park Ave, Birmingham, AL 35226

3 beds • 2 baths • 1516 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.04% first-year return on $104k initial cash invested.

-8.04%

Cash On Cash

4.32%

Cap Rate

0.72

DSCR

$3,139

Rent

-$697

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,139 income − $3,836 expenses = $697 out of pocket

Income$3,139Out of Pocket$697Mortgage P&I$2,04465%Property Taxes$1374%Insurance$1475%Management$47115%CapEx$1264%Maintenance$1264%Other$78525%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,900

Closing costs

1%

$4,095

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,139

Total Expenses

$3,836

Mortgage P&I

65%

$2,044

Property Taxes

4%

$137

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$471

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$785

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis