REI Lense

REI Lense

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$2,165 (target)

19993 Padgett Rd, Andalusia, AL 36420

3 beds • 4 baths • 3147 sqft

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This property looks like a bad Long-Term investment with a projected -19.1% first-year return on $158k initial cash invested.

-19.1%

Cash On Cash

2.2%

Cap Rate

0.36

DSCR

$2,165

Rent

-$2,507

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,165 income − $4,672 expenses = $2,507 out of pocket

Income$2,165Out of Pocket$2,507Mortgage P&I$3,771174%Property Taxes$774%Insurance$26212%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$150k

Closing costs

1%

$7,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,165

Total Expenses

$4,672

Mortgage P&I

174%

$3,771

Property Taxes

4%

$77

Home Insurance

12%

$262

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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