REI Lense

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$2,904 (target)

2334 Rutland Rd, Auburn, AL 36832

3 beds • 2 baths • 1659 sqft

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This property looks like a bad Mid-Term investment with a projected -7.64% first-year return on $102k initial cash invested.

-7.64%

Cash On Cash

5.15%

Cap Rate

0.76

DSCR

$2,904

Rent

-$647

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,904 income − $3,551 expenses = $647 out of pocket

Income$2,904Out of Pocket$647Mortgage P&I$2,23877%Property Taxes$1465%Insurance$1395%HOA$421%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%

Investment Breakdown

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Purchase Price

$398k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,600

Closing costs

1%

$3,980

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,904

Total Expenses

$3,551

Mortgage P&I

77%

$2,238

Property Taxes

5%

$146

Home Insurance

5%

$139

HOA

1%

$42

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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