REI Lense

REI Lense

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$1,557 (target)

28037 Kawana Ct, Harvest, AL 35749

3 beds • 2 baths • 1274 sqft

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This property looks like a bad Long-Term investment with a projected -4.14% first-year return on $45,759 initial cash invested.

-4.14%

Cash On Cash

6.04%

Cap Rate

0.93

DSCR

$1,557

Rent

-$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,557 income − $1,715 expenses = $158 out of pocket

Income$1,557Out of Pocket$158Mortgage P&I$1,17776%Property Taxes$443%Insurance$775%HOA$121%Management$15610%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,759

Downpayment

20%

$43,580

Closing costs

1%

$2,179

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,557

Total Expenses

$1,715

Mortgage P&I

76%

$1,177

Property Taxes

3%

$44

Home Insurance

5%

$77

HOA

1%

$12

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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