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$1,883 (target)

22 Lemon Way, Phenix City, AL 36869

3 beds • 2 baths • 1412 sqft

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This property looks like a bad Long-Term investment with a projected -2.92% first-year return on $51,786 initial cash invested.

-2.92%

Cash On Cash

6.32%

Cap Rate

0.98

DSCR

$1,883

Rent

-$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,883 income − $2,009 expenses = $126 out of pocket

Income$1,883Out of Pocket$126Mortgage P&I$1,33171%Property Taxes$1035%Insurance$865%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

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Purchase Price

$247k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,786

Downpayment

20%

$49,320

Closing costs

1%

$2,466

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,883

Total Expenses

$2,009

Mortgage P&I

71%

$1,331

Property Taxes

5%

$103

Home Insurance

5%

$86

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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