REI Lense

REI Lense

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$1,440 (target)

301 Old Lokey Ferry Rd, Wilsonville, AL 35186

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Long-Term investment with a projected -0.03% first-year return on $37,107 initial cash invested.

-0.03%

Cash On Cash

6.91%

Cap Rate

1.07

DSCR

$1,440

Rent

-$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,440 income − $1,441 expenses = $1 out of pocket

Income$1,440Out of Pocket$1Mortgage P&I$94766%Property Taxes$463%Insurance$745%Management$14410%CapEx$725%Vacancy$866%Maintenance$725%

Investment Breakdown

|

Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,107

Downpayment

20%

$35,340

Closing costs

1%

$1,767

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,440

Total Expenses

$1,441

Mortgage P&I

66%

$947

Property Taxes

3%

$46

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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