REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,004 (target)

23 Elizabeth Dr NE, Fort Payne, AL 35967

3 beds • 2 baths • 1688 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.16% first-year return on $76,461 initial cash invested.

-8.16%

Cash On Cash

4.56%

Cap Rate

0.77

DSCR

$2,004

Rent

-$520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,004 income − $2,524 expenses = $520 out of pocket

Income$2,004Out of Pocket$520Mortgage P&I$1,80490%Property Taxes$673%Insurance$1337%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,461

Downpayment

20%

$72,820

Closing costs

1%

$3,641

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,004

Total Expenses

$2,524

Mortgage P&I

90%

$1,804

Property Taxes

3%

$67

Home Insurance

7%

$133

HOA

0%

$0

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis