REI Lense

REI Lense

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$1,283 (target)

200 Olive Springs Dr, Enterprise, AL 36330

3 beds • 2 baths • 1535 sqft

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This property looks like a bad Long-Term investment with a projected -8.35% first-year return on $43,386 initial cash invested.

-8.35%

Cash On Cash

5.12%

Cap Rate

0.79

DSCR

$1,283

Rent

-$302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,386

Downpayment

20%

$41,320

Closing costs

1%

$2,066

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,283

Total Expenses

$1,585

Mortgage P&I

87%

$1,119

Property Taxes

5%

$59

Home Insurance

6%

$74

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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