REI Lense

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$1,224 (target)

140 Robinhood Dr, Alexander City, AL 35010

3 beds • 2 baths • 1188 sqft

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This property looks like a bad Long-Term investment with a projected -5.75% first-year return on $39,039 initial cash invested.

-5.75%

Cash On Cash

5.66%

Cap Rate

0.87

DSCR

$1,224

Rent

-$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,224 income − $1,411 expenses = $187 out of pocket

Income$1,224Out of Pocket$187Mortgage P&I$1,00382%Property Taxes$252%Insurance$665%Management$12210%CapEx$615%Vacancy$736%Maintenance$615%

Investment Breakdown

|

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

$1,224

Total Expenses

$1,411

Mortgage P&I

82%

$1,003

Property Taxes

2%

$25

Home Insurance

5%

$66

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

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