REI Lense

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$3,368 (target)

1015 Ward Ave NE, Huntsville, AL 35801

3 beds • 2 baths • 1895 sqft

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This property looks like a bad Mid-Term investment with a projected -4.58% first-year return on $112k initial cash invested.

-4.58%

Cash On Cash

5.5%

Cap Rate

0.88

DSCR

$3,368

Rent

-$429

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,368 income − $3,797 expenses = $429 out of pocket

Income$3,368Out of Pocket$429Mortgage P&I$2,35370%Property Taxes$1424%Insurance$1575%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,800

Closing costs

1%

$4,490

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,368

Total Expenses

$3,797

Mortgage P&I

70%

$2,353

Property Taxes

4%

$142

Home Insurance

5%

$157

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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