REI Lense

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$2,398 (target)

2605 Linda Cir, Gardendale, AL 35071

3 beds • 2 baths • 1446 sqft

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This property looks like a bad Mid-Term investment with a projected -4.91% first-year return on $86,229 initial cash invested.

-4.91%

Cash On Cash

5.17%

Cap Rate

0.84

DSCR

$2,398

Rent

-$353

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,398 income − $2,751 expenses = $353 out of pocket

Income$2,398Out of Pocket$353Mortgage P&I$1,65669%Property Taxes$1657%Insurance$1145%Management$28812%CapEx$964%Vacancy$723%Maintenance$964%Other$26411%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,398

Total Expenses

$2,751

Mortgage P&I

69%

$1,656

Property Taxes

7%

$165

Home Insurance

5%

$114

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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