REI Lense

REI Lense

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$1,363 (target)

229 Hillsboro Cir, Florence, AL 35630

3 beds • 2 baths • 2151 sqft

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This property looks like a bad Long-Term investment with a projected -11.83% first-year return on $52,962 initial cash invested.

-11.83%

Cash On Cash

4.09%

Cap Rate

0.65

DSCR

$1,363

Rent

-$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,363 income − $1,885 expenses = $522 out of pocket

Income$1,363Out of Pocket$522Mortgage P&I$1,31396%Property Taxes$987%Insurance$917%HOA$292%Management$13610%CapEx$685%Vacancy$826%Maintenance$685%

Investment Breakdown

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Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,962

Downpayment

20%

$50,440

Closing costs

1%

$2,522

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,363

Total Expenses

$1,885

Mortgage P&I

96%

$1,313

Property Taxes

7%

$98

Home Insurance

7%

$91

HOA

2%

$29

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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