REI Lense

REI Lense

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$2,324 (target)

101 S Oak Ridge Dr, Enterprise, AL 36330

3 beds • 3 baths • 2261 sqft

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This property looks like a bad Long-Term investment with a projected -7.69% first-year return on $81,879 initial cash invested.

-7.69%

Cash On Cash

4.85%

Cap Rate

0.79

DSCR

$2,324

Rent

-$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,324 income − $2,849 expenses = $525 out of pocket

Income$2,324Out of Pocket$525Mortgage P&I$1,98685%Property Taxes$1115%Insurance$1366%HOA$131%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,324

Total Expenses

$2,849

Mortgage P&I

85%

$1,986

Property Taxes

5%

$111

Home Insurance

6%

$136

HOA

1%

$13

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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