REI Lense

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$1,790 (target)

307 Chambers Rd, Arab, AL 35016

3 beds • 2 baths • 2300 sqft

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This property looks like a bad Long-Term investment with a projected -9.86% first-year return on $68,523 initial cash invested.

-9.86%

Cash On Cash

4.48%

Cap Rate

0.72

DSCR

$1,790

Rent

-$563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,790 income − $2,353 expenses = $563 out of pocket

Income$1,790Out of Pocket$563Mortgage P&I$1,69094%Property Taxes$784%Insurance$1197%Management$17910%CapEx$905%Vacancy$1076%Maintenance$905%

Investment Breakdown

|

Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,523

Downpayment

20%

$65,260

Closing costs

1%

$3,263

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,790

Total Expenses

$2,353

Mortgage P&I

94%

$1,690

Property Taxes

4%

$78

Home Insurance

7%

$119

HOA

0%

$0

Property Management

10%

$179

CapEx

5%

$90

Vacancy

6%

$107

Maintenance

5%

$90

Other

0%

$0

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