REI Lense

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$1,696 (target)

107 Willow Oaks Dr, Headland, AL 36345

3 beds • 2 baths • 1746 sqft

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This property looks like a bad Mid-Term investment with a projected -9.78% first-year return on $82,575 initial cash invested.

-9.78%

Cash On Cash

3.83%

Cap Rate

0.62

DSCR

$1,696

Rent

-$673

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,696 income − $2,369 expenses = $673 out of pocket

Income$1,696Out of Pocket$673Mortgage P&I$1,58794%Property Taxes$925%Insurance$1127%Management$20412%CapEx$684%Vacancy$513%Maintenance$684%Other$18711%

Investment Breakdown

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Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,575

Downpayment

20%

$61,500

Closing costs

1%

$3,075

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,696

Total Expenses

$2,369

Mortgage P&I

94%

$1,587

Property Taxes

5%

$92

Home Insurance

7%

$112

HOA

0%

$0

Property Management

12%

$204

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$187

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