REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,523 (target)

1333 Laurence St, Irondale, AL 35210

3 beds • 2 baths • 1156 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.47% first-year return on $45,612 initial cash invested.

-7.47%

Cash On Cash

5.56%

Cap Rate

0.83

DSCR

$1,523

Rent

-$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,523 income − $1,807 expenses = $284 out of pocket

Income$1,523Out of Pocket$284Mortgage P&I$1,21580%Property Taxes$1178%Insurance$805%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,612

Downpayment

20%

$43,440

Closing costs

1%

$2,172

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,523

Total Expenses

$1,807

Mortgage P&I

80%

$1,215

Property Taxes

8%

$117

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis