REI Lense

REI Lense

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$1,818 (target)

100 S Lakeshore Dr, Talladega, AL 35160

3 beds • 2 baths • 2286 sqft

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This property looks like a bad Long-Term investment with a projected -9.74% first-year return on $69,720 initial cash invested.

-9.74%

Cash On Cash

4.24%

Cap Rate

0.71

DSCR

$1,818

Rent

-$566

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,818 income − $2,384 expenses = $566 out of pocket

Income$1,818Out of Pocket$566Mortgage P&I$1,64791%Property Taxes$674%Insurance$17410%HOA$231%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,720

Downpayment

20%

$66,400

Closing costs

1%

$3,320

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,818

Total Expenses

$2,384

Mortgage P&I

91%

$1,647

Property Taxes

4%

$67

Home Insurance

10%

$174

HOA

1%

$23

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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