REI Lense

REI Lense

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$1,589 (target)

213 Rossburg Dr, Calera, AL 35040

3 beds • 2 baths • 1349 sqft

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This property looks like a bad Long-Term investment with a projected -7.21% first-year return on $49,455 initial cash invested.

-7.21%

Cash On Cash

5.37%

Cap Rate

0.83

DSCR

$1,589

Rent

-$297

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,589 income − $1,886 expenses = $297 out of pocket

Income$1,589Out of Pocket$297Mortgage P&I$1,27180%Property Taxes$986%Insurance$845%HOA$211%Management$15910%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,455

Downpayment

20%

$47,100

Closing costs

1%

$2,355

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,589

Total Expenses

$1,886

Mortgage P&I

80%

$1,271

Property Taxes

6%

$98

Home Insurance

5%

$84

HOA

1%

$21

Property Management

10%

$159

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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