REI Lense

REI Lense

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$1,427 (target)

1211 E 31st St, Sheffield, AL 35660

3 beds • 2 baths • 2002 sqft

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This property looks like a bad Long-Term investment with a projected -6.96% first-year return on $43,638 initial cash invested.

-6.96%

Cash On Cash

5.39%

Cap Rate

0.84

DSCR

$1,427

Rent

-$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,427 income − $1,680 expenses = $253 out of pocket

Income$1,427Out of Pocket$253Mortgage P&I$1,11578%Property Taxes$1249%Insurance$705%Management$14310%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

|

Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,638

Downpayment

20%

$41,560

Closing costs

1%

$2,078

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,427

Total Expenses

$1,680

Mortgage P&I

78%

$1,115

Property Taxes

9%

$124

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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