REI Lense

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$1,942 (target)

198 Waterford Lake Dr, Calera, AL 35040

3 beds • 2 baths • 1790 sqft

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This property looks like a bad Long-Term investment with a projected -6.6% first-year return on $60,375 initial cash invested.

-6.6%

Cash On Cash

5.17%

Cap Rate

0.84

DSCR

$1,942

Rent

-$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,942 income − $2,274 expenses = $332 out of pocket

Income$1,942Out of Pocket$332Mortgage P&I$1,47376%Property Taxes$1628%Insurance$1015%HOA$332%Management$19410%CapEx$975%Vacancy$1176%Maintenance$975%

Investment Breakdown

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Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,375

Downpayment

20%

$57,500

Closing costs

1%

$2,875

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,942

Total Expenses

$2,274

Mortgage P&I

76%

$1,473

Property Taxes

8%

$162

Home Insurance

5%

$101

HOA

2%

$33

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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