REI Lense

REI Lense

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$1,548 (target)

120 County Road 611, Ranburne, AL 36273

3 beds • 2 baths • 2106 sqft

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This property looks like a bad Long-Term investment with a projected -16.24% first-year return on $91,350 initial cash invested.

-16.24%

Cash On Cash

2.84%

Cap Rate

0.47

DSCR

$1,548

Rent

-$1,236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,548 income − $2,784 expenses = $1,236 out of pocket

Income$1,548Out of Pocket$1,236Mortgage P&I$2,188141%Property Taxes$423%Insurance$15210%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,350

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,548

Total Expenses

$2,784

Mortgage P&I

141%

$2,188

Property Taxes

3%

$42

Home Insurance

10%

$152

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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