REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,320 (target)

2910 S County Road 9 Rd, Newton, AL 36352

3 beds • 2 baths • 2376 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.76% first-year return on $82,050 initial cash invested.

-2.76%

Cash On Cash

5.62%

Cap Rate

0.94

DSCR

$2,320

Rent

-$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,320 income − $2,509 expenses = $189 out of pocket

Income$2,320Out of Pocket$189Mortgage P&I$1,52566%Property Taxes$884%Insurance$1075%Management$27812%CapEx$934%Vacancy$703%Maintenance$934%Other$25511%

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,320

Total Expenses

$2,509

Mortgage P&I

66%

$1,525

Property Taxes

4%

$88

Home Insurance

5%

$107

HOA

0%

$0

Property Management

12%

$278

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis