REI Lense

REI Lense

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$1,352 (target)

257 Land Cir, Albertville, AL 35950

3 beds • 2 baths • 1420 sqft

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This property looks like a bad Long-Term investment with a projected -9.66% first-year return on $50,190 initial cash invested.

-9.66%

Cash On Cash

4.71%

Cap Rate

0.74

DSCR

$1,352

Rent

-$404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,190

Downpayment

20%

$47,800

Closing costs

1%

$2,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,352

Total Expenses

$1,756

Mortgage P&I

94%

$1,274

Property Taxes

3%

$46

Home Insurance

6%

$84

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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