REI Lense

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$2,440 (target)

16 Cypress Grove Ln SW, Huntsville, AL 35824

3 beds • 3 baths • 2534 sqft

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This property looks like a bad Long-Term investment with a projected -9.26% first-year return on $86,184 initial cash invested.

-9.26%

Cash On Cash

4.63%

Cap Rate

0.74

DSCR

$2,440

Rent

-$665

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,440 income − $3,105 expenses = $665 out of pocket

Income$2,440Out of Pocket$665Mortgage P&I$2,12587%Property Taxes$1657%Insurance$1315%HOA$502%Management$24410%CapEx$1225%Vacancy$1466%Maintenance$1225%

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,184

Downpayment

20%

$82,080

Closing costs

1%

$4,104

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,440

Total Expenses

$3,105

Mortgage P&I

87%

$2,125

Property Taxes

7%

$165

Home Insurance

5%

$131

HOA

2%

$50

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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