REI Lense

REI Lense

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$1,514 (target)

1620 Mountain Oak Dr, Anniston, AL 36206

3 beds • 2 baths • 1819 sqft

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This property looks like a bad Long-Term investment with a projected -5.35% first-year return on $45,759 initial cash invested.

-5.35%

Cash On Cash

5.87%

Cap Rate

0.89

DSCR

$1,514

Rent

-$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,514 income − $1,718 expenses = $204 out of pocket

Income$1,514Out of Pocket$204Mortgage P&I$1,19379%Property Taxes$544%Insurance$775%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,759

Downpayment

20%

$43,580

Closing costs

1%

$2,179

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,514

Total Expenses

$1,718

Mortgage P&I

79%

$1,193

Property Taxes

4%

$54

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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