REI Lense

REI Lense

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Target property

6006 Dime Rd, Haleyville, AL 35565

3 beds • 2 baths • 1782 sqft

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This property looks like a bad Airbnb investment with a projected -22.09% first-year return on $51,390 initial cash invested.

-22.09%

Cash On Cash

-0.75%

Cap Rate

-0.12

DSCR

$0

Rent

-$946

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $946 expenses = $946 out of pocket

Income$0Out of Pocket$946Mortgage P&I$846Property Taxes$44Insurance$56

Investment Breakdown

|

Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,390

Downpayment

20%

$31,800

Closing costs

1%

$1,590

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$0

Total Expenses

$946

Mortgage P&I

8460000%

$846

Property Taxes

440000%

$44

Home Insurance

560000%

$56

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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