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645 S 28th St, Lincoln, NE 68510

3 beds • 2 baths • 1736 sqft

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This property looks like a bad Airbnb investment with a projected -6.91% first-year return on $70,878 initial cash invested.

-6.91%

Cash On Cash

4.65%

Cap Rate

0.76

DSCR

$2,299

Rent

-$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,878

Downpayment

20%

$50,360

Closing costs

1%

$2,518

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,299

Total Expenses

$2,707

Mortgage P&I

56%

$1,291

Property Taxes

10%

$221

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$345

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$575

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

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0.61 mi

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2

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5

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2

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0.9 mi

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$2,850

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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

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