REI Lense

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5764 Magnolia Rd, Theodore, AL 36582

3 beds • 2 baths • 1620 sqft

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This property looks like a bad Airbnb investment with a projected -3.17% first-year return on $70,395 initial cash invested.

-3.17%

Cash On Cash

5.9%

Cap Rate

0.94

DSCR

$2,542

Rent

-$186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,395

Downpayment

20%

$49,900

Closing costs

1%

$2,495

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,542

Total Expenses

$2,728

Mortgage P&I

52%

$1,311

Property Taxes

4%

$109

Home Insurance

3%

$87

HOA

0%

$0

Property Management

15%

$381

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$636

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