REI Lense

REI Lense

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This property might be a fair Airbnb investment with a projected 6.2% first-year return on $61,728 initial cash invested.

6.2%

Cash On Cash

8.48%

Cap Rate

1.37

DSCR

$3,420

Rent

$319

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,420 income − $3,101 expenses = $319 cash flow

Income$3,420Mortgage P&I$1,21736%Property Taxes$1585%Insurance$842%Management$51315%CapEx$1374%Maintenance$1374%Other$85525%Cash Flow$319

Investment Breakdown

|

Purchase Price

$237k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,728

Downpayment

20%

$47,360

Closing costs

1%

$2,368

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$3,420

Total Expenses

$3,101

Mortgage P&I

36%

$1,217

Property Taxes

5%

$158

Home Insurance

2%

$84

HOA

0%

$0

Property Management

15%

$513

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$855

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