REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,670 (target)

149 Clover Ridge Dr, Madison, AL 35758

3 beds • 2 baths • 1643 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.87% first-year return on $65,037 initial cash invested.

-10.87%

Cash On Cash

4.15%

Cap Rate

0.68

DSCR

$1,670

Rent

-$589

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,670 income − $2,259 expenses = $589 out of pocket

Income$1,670Out of Pocket$589Mortgage P&I$1,57794%Property Taxes$1378%Insurance$1107%Management$16710%CapEx$845%Vacancy$1006%Maintenance$845%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,037

Downpayment

20%

$61,940

Closing costs

1%

$3,097

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,670

Total Expenses

$2,259

Mortgage P&I

94%

$1,577

Property Taxes

8%

$137

Home Insurance

7%

$110

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis