REI Lense

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$2,182 (target)

2 Pine Hill Dr, Ranburne, AL 36273

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Mid-Term investment with a projected -9.85% first-year return on $106k initial cash invested.

-9.85%

Cash On Cash

3.8%

Cap Rate

0.63

DSCR

$2,182

Rent

-$870

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,182 income − $3,052 expenses = $870 out of pocket

Income$2,182Out of Pocket$870Mortgage P&I$2,10997%Property Taxes$553%Insurance$1477%Management$26212%CapEx$874%Vacancy$653%Maintenance$874%Other$24011%

Investment Breakdown

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Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,800

Closing costs

1%

$4,190

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,182

Total Expenses

$3,052

Mortgage P&I

97%

$2,109

Property Taxes

3%

$55

Home Insurance

7%

$147

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$240

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