REI Lense

REI Lense

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$1,023 (target)

1541 30th St, Birmingham, AL 35218

3 beds • 2 baths • 980 sqft

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This property looks like a bad Long-Term investment with a projected -8.29% first-year return on $36,750 initial cash invested.

-8.29%

Cash On Cash

5.01%

Cap Rate

0.78

DSCR

$1,023

Rent

-$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,023

Total Expenses

$1,277

Mortgage P&I

91%

$933

Property Taxes

2%

$18

Home Insurance

6%

$61

HOA

0%

$0

Property Management

10%

$102

CapEx

5%

$51

Vacancy

6%

$61

Maintenance

5%

$51

Other

0%

$0

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