REI Lense

REI Lense

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$2,157 (target)

160 Menowa Dr, Dadeville, AL 36853

3 beds • 2 baths • 3360 sqft

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This property looks like a bad Long-Term investment with a projected -8.22% first-year return on $79,737 initial cash invested.

-8.22%

Cash On Cash

4.62%

Cap Rate

0.77

DSCR

$2,157

Rent

-$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,157 income − $2,703 expenses = $546 out of pocket

Income$2,157Out of Pocket$546Mortgage P&I$1,89988%Property Taxes$1035%Insurance$1406%Management$21610%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,737

Downpayment

20%

$75,940

Closing costs

1%

$3,797

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,157

Total Expenses

$2,703

Mortgage P&I

88%

$1,899

Property Taxes

5%

$103

Home Insurance

6%

$140

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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