REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,244 (target)

22015 Nelson Rd NW, Elkmont, AL 35620

3 beds • 2 baths • 1747 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.15% first-year return on $88,350 initial cash invested.

-5.15%

Cash On Cash

4.97%

Cap Rate

0.83

DSCR

$2,244

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,244 income − $2,623 expenses = $379 out of pocket

Income$2,244Out of Pocket$379Mortgage P&I$1,67775%Property Taxes$663%Insurance$1175%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,244

Total Expenses

$2,623

Mortgage P&I

75%

$1,677

Property Taxes

3%

$66

Home Insurance

5%

$117

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis