REI Lense

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$1,937 (target)

2445 McKenzie Ct, Saraland, AL 36571

3 beds • 2 baths • 1631 sqft

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This property looks like a bad Long-Term investment with a projected -8.71% first-year return on $61,320 initial cash invested.

-8.71%

Cash On Cash

5.28%

Cap Rate

0.79

DSCR

$1,937

Rent

-$445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,937 income − $2,382 expenses = $445 out of pocket

Income$1,937Out of Pocket$445Mortgage P&I$1,63284%Property Taxes$1287%Insurance$1035%HOA$151%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,320

Downpayment

20%

$58,400

Closing costs

1%

$2,920

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,937

Total Expenses

$2,382

Mortgage P&I

84%

$1,632

Property Taxes

7%

$128

Home Insurance

5%

$103

HOA

1%

$15

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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