REI Lense

REI Lense

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$1,659 (target)

2203 Apolla Ln SE, Decatur, AL 35601

3 beds • 2 baths • 1429 sqft

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This property looks like a bad Long-Term investment with a projected -0.87% first-year return on $44,184 initial cash invested.

-0.87%

Cash On Cash

6.76%

Cap Rate

1.04

DSCR

$1,659

Rent

-$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,659 income − $1,691 expenses = $32 out of pocket

Income$1,659Out of Pocket$32Mortgage P&I$1,13468%Property Taxes$483%Insurance$775%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,184

Downpayment

20%

$42,080

Closing costs

1%

$2,104

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,659

Total Expenses

$1,691

Mortgage P&I

68%

$1,134

Property Taxes

3%

$48

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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