REI Lense

REI Lense

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$1,116 (target)

224 Wildwood Rd, Anniston, AL 36207

3 beds • 3 baths • 3554 sqft

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This property looks like a bad Long-Term investment with a projected -19.47% first-year return on $70,770 initial cash invested.

-19.47%

Cash On Cash

2.18%

Cap Rate

0.36

DSCR

$1,116

Rent

-$1,148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,116 income − $2,264 expenses = $1,148 out of pocket

Income$1,116Out of Pocket$1,148Mortgage P&I$1,705153%Property Taxes$14613%Insurance$12211%Management$11210%CapEx$565%Vacancy$676%Maintenance$565%

Investment Breakdown

|

Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,770

Downpayment

20%

$67,400

Closing costs

1%

$3,370

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,116

Total Expenses

$2,264

Mortgage P&I

153%

$1,705

Property Taxes

13%

$146

Home Insurance

11%

$122

HOA

0%

$0

Property Management

10%

$112

CapEx

5%

$56

Vacancy

6%

$67

Maintenance

5%

$56

Other

0%

$0

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