REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,573 (target)

279 Lazy Oak Dr, New Market, AL 35761

3 beds • 2 baths • 1303 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.15% first-year return on $53,025 initial cash invested.

-8.15%

Cash On Cash

4.88%

Cap Rate

0.79

DSCR

$1,573

Rent

-$360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,573 income − $1,933 expenses = $360 out of pocket

Income$1,573Out of Pocket$360Mortgage P&I$1,30783%Property Taxes$1288%Insurance$896%Management$15710%CapEx$795%Vacancy$946%Maintenance$795%

Investment Breakdown

|

Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,025

Downpayment

20%

$50,500

Closing costs

1%

$2,525

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,573

Total Expenses

$1,933

Mortgage P&I

83%

$1,307

Property Taxes

8%

$128

Home Insurance

6%

$89

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$79

Vacancy

6%

$94

Maintenance

5%

$79

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis