REI Lense

REI Lense

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$1,812 (target)

230 Ashland Dr SW, Hanceville, AL 35077

3 beds • 2 baths • 1674 sqft

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This property looks like a bad Long-Term investment with a projected -4.41% first-year return on $58,170 initial cash invested.

-4.41%

Cash On Cash

5.27%

Cap Rate

0.91

DSCR

$1,812

Rent

-$214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,170

Downpayment

20%

$55,400

Closing costs

1%

$2,770

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,812

Total Expenses

$2,026

Mortgage P&I

74%

$1,340

Property Taxes

5%

$91

Home Insurance

5%

$98

HOA

1%

$25

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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