REI Lense

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$1,911 (target)

15609 Mizewell Ln NW, Harvest, AL 35749

3 beds • 2 baths • 1858 sqft

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This property looks like a bad Long-Term investment with a projected -8.54% first-year return on $68,712 initial cash invested.

-8.54%

Cash On Cash

4.68%

Cap Rate

0.76

DSCR

$1,911

Rent

-$489

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,911 income − $2,400 expenses = $489 out of pocket

Income$1,911Out of Pocket$489Mortgage P&I$1,66987%Property Taxes$1045%Insurance$1166%HOA$131%Management$19110%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,712

Downpayment

20%

$65,440

Closing costs

1%

$3,272

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,911

Total Expenses

$2,400

Mortgage P&I

87%

$1,669

Property Taxes

5%

$104

Home Insurance

6%

$116

HOA

1%

$13

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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