REI Lense

REI Lense

Unlock all features! Tap here to upgrade

600 W Rasch Rd, Florence, AL 35633

3 beds • 2 baths • 1858 sqft

Email

This property might be a fair Airbnb investment with a projected 3.52% first-year return on $63,003 initial cash invested.

3.52%

Cash On Cash

7.87%

Cap Rate

1.26

DSCR

$2,715

Rent

$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,715 income − $2,530 expenses = $185 cash flow

Income$2,715Mortgage P&I$1,11241%Property Taxes$371%Insurance$773%Management$40715%CapEx$1094%Maintenance$1094%Other$67925%Cash Flow$185

Investment Breakdown

|

Purchase Price

$214k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,003

Downpayment

20%

$42,860

Closing costs

1%

$2,143

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,715

Total Expenses

$2,530

Mortgage P&I

41%

$1,112

Property Taxes

1%

$37

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$407

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$679

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis