REI Lense

REI Lense

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$3,147 (target)

2164 Chelsea Park Bnd, Chelsea, AL 35043

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Mid-Term investment with a projected -3.97% first-year return on $102k initial cash invested.

-3.97%

Cash On Cash

5.53%

Cap Rate

0.9

DSCR

$3,147

Rent

-$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,195

Closing costs

1%

$4,010

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,147

Total Expenses

$3,485

Mortgage P&I

65%

$2,060

Property Taxes

5%

$164

Home Insurance

4%

$140

HOA

2%

$51

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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