REI Lense

REI Lense

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$1,547 (target)

118 Emerald Dr, Harvest, AL 35749

3 beds • 3 baths • 2417 sqft

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This property looks like a bad Long-Term investment with a projected -14.53% first-year return on $81,270 initial cash invested.

-14.53%

Cash On Cash

3.17%

Cap Rate

0.53

DSCR

$1,547

Rent

-$984

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,547 income − $2,531 expenses = $984 out of pocket

Income$1,547Out of Pocket$984Mortgage P&I$1,929125%Property Taxes$654%Insurance$1359%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,270

Downpayment

20%

$77,400

Closing costs

1%

$3,870

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,547

Total Expenses

$2,531

Mortgage P&I

125%

$1,929

Property Taxes

4%

$65

Home Insurance

9%

$135

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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