REI Lense

REI Lense

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$949 (target)

1014 County Road 2565, Wedowee, AL 36278

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Long-Term investment with a projected -15.82% first-year return on $34,734 initial cash invested.

-15.82%

Cash On Cash

3.11%

Cap Rate

0.51

DSCR

$949

Rent

-$458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$949 income − $1,407 expenses = $458 out of pocket

Income$949Out of Pocket$458Mortgage P&I$84089%Property Taxes$788%Insurance$24326%Management$9510%CapEx$475%Vacancy$576%Maintenance$475%

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,734

Downpayment

20%

$33,080

Closing costs

1%

$1,654

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$949

Total Expenses

$1,407

Mortgage P&I

89%

$840

Property Taxes

8%

$78

Home Insurance

26%

$243

HOA

0%

$0

Property Management

10%

$95

CapEx

5%

$47

Vacancy

6%

$57

Maintenance

5%

$47

Other

0%

$0

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