REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,724 (target)

103 E Ida Ave, Opp, AL 36467

3 beds • 2 baths • 2816 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.08% first-year return on $72,495 initial cash invested.

-5.08%

Cash On Cash

4.91%

Cap Rate

0.82

DSCR

$1,724

Rent

-$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,724 income − $2,031 expenses = $307 out of pocket

Income$1,724Out of Pocket$307Mortgage P&I$1,29975%Property Taxes$543%Insurance$915%Management$20712%CapEx$694%Vacancy$523%Maintenance$694%Other$19011%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,495

Downpayment

20%

$51,900

Closing costs

1%

$2,595

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,724

Total Expenses

$2,031

Mortgage P&I

75%

$1,299

Property Taxes

3%

$54

Home Insurance

5%

$91

HOA

0%

$0

Property Management

12%

$207

CapEx

4%

$69

Vacancy

3%

$52

Maintenance

4%

$69

Other

11%

$190

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis