REI Lense

REI Lense

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$1,447 (target)

292 State Highway 10 W, Abbeville, AL 36310

3 beds • 3 baths • 1896 sqft

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This property looks like a bad Long-Term investment with a projected -5.33% first-year return on $44,100 initial cash invested.

-5.33%

Cash On Cash

5.77%

Cap Rate

0.89

DSCR

$1,447

Rent

-$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,447 income − $1,643 expenses = $196 out of pocket

Income$1,447Out of Pocket$196Mortgage P&I$1,13378%Property Taxes$604%Insurance$745%Management$14510%CapEx$725%Vacancy$876%Maintenance$725%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,447

Total Expenses

$1,643

Mortgage P&I

78%

$1,133

Property Taxes

4%

$60

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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