REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

619 Springfield Dr, Albany, GA 31721

3 beds • 2 baths • 1850 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.83% first-year return on $68,379 initial cash invested.

-5.83%

Cash On Cash

4.94%

Cap Rate

0.8

DSCR

$2,257

Rent

-$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,257

Total Expenses

$2,589

Mortgage P&I

55%

$1,230

Property Taxes

9%

$192

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$339

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$564

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

ENTIRE HOME Camdyn's Place. KING BED. SLEEPS 12

$2,773

$194

3

2

1.16 mi

The Southern Den

$2,630

$184

3

2

1.7 mi

Traveler’s Trove

$1,844

$129

3

2

2.37 mi

A Relaxing Home for Traveling Professionals

$1,944

$136

3

2

1.56 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis