REI Lense

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$1,976 (target)

11824 Holt Lock And Dam Rd, Cottondale, AL 35453

3 beds • 2 baths • 1746 sqft

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This property looks like a bad Long-Term investment with a projected -5.3% first-year return on $67,494 initial cash invested.

-5.3%

Cash On Cash

5.17%

Cap Rate

0.87

DSCR

$1,976

Rent

-$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,976 income − $2,274 expenses = $298 out of pocket

Income$1,976Out of Pocket$298Mortgage P&I$1,58580%Property Taxes$603%Insurance$1146%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,494

Downpayment

20%

$64,280

Closing costs

1%

$3,214

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,976

Total Expenses

$2,274

Mortgage P&I

80%

$1,585

Property Taxes

3%

$60

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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