REI Lense

REI Lense

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$1,554 (target)

135 Cedar Lane Dr, Winfield, AL 35594

3 beds • 2 baths • 2450 sqft

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This property looks like a bad Long-Term investment with a projected -11.67% first-year return on $65,100 initial cash invested.

-11.67%

Cash On Cash

4.24%

Cap Rate

0.66

DSCR

$1,554

Rent

-$633

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,554 income − $2,187 expenses = $633 out of pocket

Income$1,554Out of Pocket$633Mortgage P&I$1,650106%Property Taxes$252%Insurance$1087%Management$15510%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,554

Total Expenses

$2,187

Mortgage P&I

106%

$1,650

Property Taxes

2%

$25

Home Insurance

7%

$108

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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