REI Lense

REI Lense

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$1,637 (target)

117 Barnes Ct, Wetumpka, AL 36092

3 beds • 2 baths • 1337 sqft

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This property looks like a bad Long-Term investment with a projected -5.12% first-year return on $50,190 initial cash invested.

-5.12%

Cash On Cash

5.74%

Cap Rate

0.9

DSCR

$1,637

Rent

-$214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,637 income − $1,851 expenses = $214 out of pocket

Income$1,637Out of Pocket$214Mortgage P&I$1,27678%Property Taxes$423%Insurance$845%HOA$231%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,190

Downpayment

20%

$47,800

Closing costs

1%

$2,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,637

Total Expenses

$1,851

Mortgage P&I

78%

$1,276

Property Taxes

3%

$42

Home Insurance

5%

$84

HOA

1%

$23

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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