REI Lense

REI Lense

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$1,301 (target)

1708 Cheaha Dr, Oxford, AL 36203

3 beds • 2 baths • 1227 sqft

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This property looks like a bad Long-Term investment with a projected -7.27% first-year return on $42,273 initial cash invested.

-7.27%

Cash On Cash

5.44%

Cap Rate

0.83

DSCR

$1,301

Rent

-$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,301 income − $1,557 expenses = $256 out of pocket

Income$1,301Out of Pocket$256Mortgage P&I$1,10385%Property Taxes$464%Insurance$705%Management$13010%CapEx$655%Vacancy$786%Maintenance$655%

Investment Breakdown

|

Purchase Price

$201k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,273

Downpayment

20%

$40,260

Closing costs

1%

$2,013

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,301

Total Expenses

$1,557

Mortgage P&I

85%

$1,103

Property Taxes

4%

$46

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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