REI Lense

REI Lense

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$1,445 (target)

1480 Jefferson St, Alexander City, AL 35010

3 beds • 2 baths • 1595 sqft

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This property looks like a bad Long-Term investment with a projected -5.19% first-year return on $44,142 initial cash invested.

-5.19%

Cash On Cash

5.94%

Cap Rate

0.9

DSCR

$1,445

Rent

-$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,445 income − $1,636 expenses = $191 out of pocket

Income$1,445Out of Pocket$191Mortgage P&I$1,15980%Property Taxes$282%Insurance$745%Management$14410%CapEx$725%Vacancy$876%Maintenance$725%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,142

Downpayment

20%

$42,040

Closing costs

1%

$2,102

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,445

Total Expenses

$1,636

Mortgage P&I

80%

$1,159

Property Taxes

2%

$28

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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