REI Lense

REI Lense

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$1,039 (target)

1303 Barnes St, Tuscumbia, AL 35674

3 beds • 2 baths • 1558 sqft

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This property looks like a bad Long-Term investment with a projected -10.54% first-year return on $39,039 initial cash invested.

-10.54%

Cash On Cash

4.59%

Cap Rate

0.71

DSCR

$1,039

Rent

-$343

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$186k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,039

Downpayment

20%

$37,180

Closing costs

1%

$1,859

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,039

Total Expenses

$1,382

Mortgage P&I

96%

$1,002

Property Taxes

4%

$44

Home Insurance

6%

$66

HOA

0%

$0

Property Management

10%

$104

CapEx

5%

$52

Vacancy

6%

$62

Maintenance

5%

$52

Other

0%

$0

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