REI Lense

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$1,783 (target)

1134 Windsor Ave, Gardendale, AL 35071

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Long-Term investment with a projected -1.1% first-year return on $46,788 initial cash invested.

-1.1%

Cash On Cash

6.68%

Cap Rate

1.04

DSCR

$1,783

Rent

-$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,783 income − $1,826 expenses = $43 out of pocket

Income$1,783Out of Pocket$43Mortgage P&I$1,19567%Property Taxes$885%Insurance$804%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,788

Downpayment

20%

$44,560

Closing costs

1%

$2,228

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,783

Total Expenses

$1,826

Mortgage P&I

67%

$1,195

Property Taxes

5%

$88

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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