REI Lense

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$1,619 (target)

115 Crockett Cir, Florence, AL 35633

3 beds • 2 baths • 1557 sqft

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This property looks like a bad Long-Term investment with a projected -1.62% first-year return on $42,882 initial cash invested.

-1.62%

Cash On Cash

6.61%

Cap Rate

1.02

DSCR

$1,619

Rent

-$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,619 income − $1,677 expenses = $58 out of pocket

Income$1,619Out of Pocket$58Mortgage P&I$1,10168%Property Taxes$825%Insurance$735%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

|

Purchase Price

$204k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,882

Downpayment

20%

$40,840

Closing costs

1%

$2,042

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,619

Total Expenses

$1,677

Mortgage P&I

68%

$1,101

Property Taxes

5%

$82

Home Insurance

5%

$73

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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