REI Lense

REI Lense

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$1,165 (target)

304 Plato St, Weaver, AL 36277

3 beds • 2 baths • 1880 sqft

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This property looks like a bad Long-Term investment with a projected -11.4% first-year return on $43,890 initial cash invested.

-11.4%

Cash On Cash

4.37%

Cap Rate

0.68

DSCR

$1,165

Rent

-$417

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,165 income − $1,582 expenses = $417 out of pocket

Income$1,165Out of Pocket$417Mortgage P&I$1,12096%Property Taxes$877%Insurance$736%Management$11610%CapEx$585%Vacancy$706%Maintenance$585%

Investment Breakdown

|

Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,165

Total Expenses

$1,582

Mortgage P&I

96%

$1,120

Property Taxes

7%

$87

Home Insurance

6%

$73

HOA

0%

$0

Property Management

10%

$116

CapEx

5%

$58

Vacancy

6%

$70

Maintenance

5%

$58

Other

0%

$0

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