REI Lense

REI Lense

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$2,184 (target)

1389 Belmont Ln, Helena, AL 35080

3 beds • 4 baths • 2895 sqft

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This property looks like a bad Long-Term investment with a projected -10.17% first-year return on $86,646 initial cash invested.

-10.17%

Cash On Cash

4.19%

Cap Rate

0.7

DSCR

$2,184

Rent

-$734

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $2,918 expenses = $734 out of pocket

Income$2,184Out of Pocket$734Mortgage P&I$2,06495%Property Taxes$1386%Insurance$1497%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

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Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,646

Downpayment

20%

$82,520

Closing costs

1%

$4,126

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,184

Total Expenses

$2,918

Mortgage P&I

95%

$2,064

Property Taxes

6%

$138

Home Insurance

7%

$149

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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