REI Lense

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$1,795 (target)

25977 Iron Gate Dr, Madison, AL 35756

3 beds • 2 baths • 1683 sqft

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This property looks like a bad Long-Term investment with a projected -7.45% first-year return on $62,979 initial cash invested.

-7.45%

Cash On Cash

5%

Cap Rate

0.81

DSCR

$1,795

Rent

-$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,795 income − $2,186 expenses = $391 out of pocket

Income$1,795Out of Pocket$391Mortgage P&I$1,55086%Property Taxes$634%Insurance$1056%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,795

Total Expenses

$2,186

Mortgage P&I

86%

$1,550

Property Taxes

4%

$63

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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