REI Lense

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$1,088 (target)

108 Dallas Dr, Dothan, AL 36305

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Long-Term investment with a projected -9.43% first-year return on $40,320 initial cash invested.

-9.43%

Cash On Cash

4.83%

Cap Rate

0.75

DSCR

$1,088

Rent

-$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,088 income − $1,405 expenses = $317 out of pocket

Income$1,088Out of Pocket$317Mortgage P&I$1,03695%Property Taxes$202%Insurance$676%Management$10910%CapEx$545%Vacancy$656%Maintenance$545%

Investment Breakdown

|

Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,320

Downpayment

20%

$38,400

Closing costs

1%

$1,920

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,088

Total Expenses

$1,405

Mortgage P&I

95%

$1,036

Property Taxes

2%

$20

Home Insurance

6%

$67

HOA

0%

$0

Property Management

10%

$109

CapEx

5%

$54

Vacancy

6%

$65

Maintenance

5%

$54

Other

0%

$0

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