REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,783 (target)

1719 Ridge Rd, Homewood, AL 35209

3 beds • 3 baths • 2173 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.32% first-year return on $146k initial cash invested.

-13.32%

Cash On Cash

4.09%

Cap Rate

0.62

DSCR

$3,783

Rent

-$1,624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,783 income − $5,407 expenses = $1,624 out of pocket

Income$3,783Out of Pocket$1,624Mortgage P&I$3,810101%Property Taxes$36410%Insurance$2507%Management$37810%CapEx$1895%Vacancy$2276%Maintenance$1895%

Investment Breakdown

|

Purchase Price

$697k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$139k

Closing costs

1%

$6,967

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,783

Total Expenses

$5,407

Mortgage P&I

101%

$3,810

Property Taxes

10%

$364

Home Insurance

7%

$250

HOA

0%

$0

Property Management

10%

$378

CapEx

5%

$189

Vacancy

6%

$227

Maintenance

5%

$189

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis