REI Lense

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$1,518 (target)

18720 Lydia Corey Rd, Athens, AL 35614

3 beds • 2 baths • 1288 sqft

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This property looks like a bad Long-Term investment with a projected -7.43% first-year return on $51,051 initial cash invested.

-7.43%

Cash On Cash

5.2%

Cap Rate

0.81

DSCR

$1,518

Rent

-$316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,518 income − $1,834 expenses = $316 out of pocket

Income$1,518Out of Pocket$316Mortgage P&I$1,29485%Property Taxes$594%Insurance$866%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$243k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,051

Downpayment

20%

$48,620

Closing costs

1%

$2,431

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,518

Total Expenses

$1,834

Mortgage P&I

85%

$1,294

Property Taxes

4%

$59

Home Insurance

6%

$86

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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