REI Lense

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$1,810 (target)

251 Hidden Trace Ct, Montevallo, AL 35115

3 beds • 2 baths • 1239 sqft

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This property looks like a bad Long-Term investment with a projected -3.61% first-year return on $50,169 initial cash invested.

-3.61%

Cash On Cash

6.24%

Cap Rate

0.95

DSCR

$1,810

Rent

-$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,810 income − $1,961 expenses = $151 out of pocket

Income$1,810Out of Pocket$151Mortgage P&I$1,30472%Property Taxes$845%Insurance$845%HOA$191%Management$18110%CapEx$905%Vacancy$1096%Maintenance$905%

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,169

Downpayment

20%

$47,780

Closing costs

1%

$2,389

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,810

Total Expenses

$1,961

Mortgage P&I

72%

$1,304

Property Taxes

5%

$84

Home Insurance

5%

$84

HOA

1%

$19

Property Management

10%

$181

CapEx

5%

$90

Vacancy

6%

$109

Maintenance

5%

$90

Other

0%

$0

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