REI Lense

REI Lense

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$2,080 (target)

228 Falcon Ridge Dr, Huntsville, AL 35811

3 beds • 2 baths • 1133 sqft

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This property looks like a bad Mid-Term investment with a projected -1.22% first-year return on $70,857 initial cash invested.

-1.22%

Cash On Cash

6.04%

Cap Rate

1.01

DSCR

$2,080

Rent

-$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,857

Downpayment

20%

$50,340

Closing costs

1%

$2,517

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,080

Total Expenses

$2,152

Mortgage P&I

60%

$1,255

Property Taxes

5%

$101

Home Insurance

4%

$89

HOA

0%

$0

Property Management

12%

$250

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$229

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