REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,380 (target)

301 Oconee Dr, Midland City, AL 36350

3 beds • 3 baths • 2511 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.94% first-year return on $92,190 initial cash invested.

-8.94%

Cash On Cash

4.4%

Cap Rate

0.74

DSCR

$2,380

Rent

-$687

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,380 income − $3,067 expenses = $687 out of pocket

Income$2,380Out of Pocket$687Mortgage P&I$2,17892%Property Taxes$1135%Insurance$1577%Management$23810%CapEx$1195%Vacancy$1436%Maintenance$1195%

Investment Breakdown

|

Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,190

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,380

Total Expenses

$3,067

Mortgage P&I

92%

$2,178

Property Taxes

5%

$113

Home Insurance

7%

$157

HOA

0%

$0

Property Management

10%

$238

CapEx

5%

$119

Vacancy

6%

$143

Maintenance

5%

$119

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis