REI Lense

REI Lense

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$2,204 (target)

2052 Fox Ridge Rd, Eufaula, AL 36027

3 beds • 2 baths • 2467 sqft

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This property looks like a bad Mid-Term investment with a projected -4.72% first-year return on $84,633 initial cash invested.

-4.72%

Cash On Cash

5.03%

Cap Rate

0.84

DSCR

$2,204

Rent

-$333

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,204 income − $2,537 expenses = $333 out of pocket

Income$2,204Out of Pocket$333Mortgage P&I$1,57471%Property Taxes$794%Insurance$1366%Management$26412%CapEx$884%Vacancy$663%Maintenance$884%Other$24211%

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,633

Downpayment

20%

$63,460

Closing costs

1%

$3,173

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,204

Total Expenses

$2,537

Mortgage P&I

71%

$1,574

Property Taxes

4%

$79

Home Insurance

6%

$136

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

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