REI Lense

REI Lense

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$2,559 (target)

3327 Mount Olive Rd, Mount Olive, AL 35117

3 beds • 3 baths • 1904 sqft

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This property looks like a bad Mid-Term investment with a projected -3.78% first-year return on $79,362 initial cash invested.

-3.78%

Cash On Cash

6.1%

Cap Rate

0.91

DSCR

$2,559

Rent

-$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,559 income − $2,809 expenses = $250 out of pocket

Income$2,559Out of Pocket$250Mortgage P&I$1,63364%Property Taxes$2028%Insurance$1054%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,362

Downpayment

20%

$58,440

Closing costs

1%

$2,922

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,559

Total Expenses

$2,809

Mortgage P&I

64%

$1,633

Property Taxes

8%

$202

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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