REI Lense

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$2,271 (target)

124 Wyeth Dr, Harvest, AL 35749

3 beds • 2 baths • 1949 sqft

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This property looks like a bad Mid-Term investment with a projected -5.01% first-year return on $86,250 initial cash invested.

-5.01%

Cash On Cash

5.02%

Cap Rate

0.83

DSCR

$2,271

Rent

-$360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,271 income − $2,631 expenses = $360 out of pocket

Income$2,271Out of Pocket$360Mortgage P&I$1,62872%Property Taxes$783%Insurance$1145%HOA$382%Management$27312%CapEx$914%Vacancy$683%Maintenance$914%Other$25011%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,271

Total Expenses

$2,631

Mortgage P&I

72%

$1,628

Property Taxes

3%

$78

Home Insurance

5%

$114

HOA

2%

$38

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$250

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