REI Lense

REI Lense

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$1,518 (target)

2087 Trussell Rd, Alexander City, AL 35010

3 beds • 2 baths • 1574 sqft

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This property looks like a bad Long-Term investment with a projected -2.46% first-year return on $41,979 initial cash invested.

-2.46%

Cash On Cash

6.47%

Cap Rate

0.99

DSCR

$1,518

Rent

-$86

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,518 income − $1,604 expenses = $86 out of pocket

Income$1,518Out of Pocket$86Mortgage P&I$1,08772%Property Taxes$523%Insurance$705%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,518

Total Expenses

$1,604

Mortgage P&I

72%

$1,087

Property Taxes

3%

$52

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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