REI Lense

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$1,631 (target)

1243 Cedric Ct, Montgomery, AL 36109

3 beds • 2 baths • 1858 sqft

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This property looks like a bad Long-Term investment with a projected -8.14% first-year return on $49,518 initial cash invested.

-8.14%

Cash On Cash

5.26%

Cap Rate

0.8

DSCR

$1,631

Rent

-$336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,631 income − $1,967 expenses = $336 out of pocket

Income$1,631Out of Pocket$336Mortgage P&I$1,28779%Property Taxes$17110%Insurance$845%Management$16310%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,518

Downpayment

20%

$47,160

Closing costs

1%

$2,358

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,631

Total Expenses

$1,967

Mortgage P&I

79%

$1,287

Property Taxes

10%

$171

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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