REI Lense

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$2,613 (target)

19248 Us Highway 278, Haleyville, AL 35565

3 beds • 2 baths • 2202 sqft

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This property looks like a bad Mid-Term investment with a projected -3.52% first-year return on $89,043 initial cash invested.

-3.52%

Cash On Cash

5.72%

Cap Rate

0.91

DSCR

$2,613

Rent

-$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,613 income − $2,874 expenses = $261 out of pocket

Income$2,613Out of Pocket$261Mortgage P&I$1,76968%Property Taxes$903%Insurance$1265%Management$31412%CapEx$1054%Vacancy$783%Maintenance$1054%Other$28711%

Investment Breakdown

|

Purchase Price

$338k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,043

Downpayment

20%

$67,660

Closing costs

1%

$3,383

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,613

Total Expenses

$2,874

Mortgage P&I

68%

$1,769

Property Taxes

3%

$90

Home Insurance

5%

$126

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$78

Maintenance

4%

$105

Other

11%

$287

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