REI Lense

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$1,328 (target)

1116 S Alice St, Dothan, AL 36301

3 beds • 2 baths • 1405 sqft

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This property looks like a bad Long-Term investment with a projected -1.9% first-year return on $36,708 initial cash invested.

-1.9%

Cash On Cash

6.54%

Cap Rate

1.01

DSCR

$1,328

Rent

-$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,328 income − $1,386 expenses = $58 out of pocket

Income$1,328Out of Pocket$58Mortgage P&I$94471%Property Taxes$343%Insurance$635%Management$13310%CapEx$665%Vacancy$806%Maintenance$665%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,708

Downpayment

20%

$34,960

Closing costs

1%

$1,748

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,328

Total Expenses

$1,386

Mortgage P&I

71%

$944

Property Taxes

3%

$34

Home Insurance

5%

$63

HOA

0%

$0

Property Management

10%

$133

CapEx

5%

$66

Vacancy

6%

$80

Maintenance

5%

$66

Other

0%

$0

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