REI Lense

REI Lense

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$1,399 (target)

1610 Shady Ln, Birmingham, AL 35214

3 beds • 2 baths • 1505 sqft

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This property looks like a bad Long-Term investment with a projected -7.84% first-year return on $45,150 initial cash invested.

-7.84%

Cash On Cash

5.14%

Cap Rate

0.8

DSCR

$1,399

Rent

-$295

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,399

Total Expenses

$1,694

Mortgage P&I

82%

$1,146

Property Taxes

8%

$109

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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