REI Lense

REI Lense

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$2,035 (target)

1581 Redland Rd, Wetumpka, AL 36093

3 beds • 3 baths • 2690 sqft

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This property looks like a bad Long-Term investment with a projected -14.95% first-year return on $100k initial cash invested.

-14.95%

Cash On Cash

3.46%

Cap Rate

0.55

DSCR

$2,035

Rent

-$1,251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,035 income − $3,286 expenses = $1,251 out of pocket

Income$2,035Out of Pocket$1,251Mortgage P&I$2,529124%Property Taxes$523%Insurance$1759%Management$20410%CapEx$1025%Vacancy$1226%Maintenance$1025%

Investment Breakdown

|

Purchase Price

$478k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$95,660

Closing costs

1%

$4,783

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,035

Total Expenses

$3,286

Mortgage P&I

124%

$2,529

Property Taxes

3%

$52

Home Insurance

9%

$175

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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