REI Lense

REI Lense

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$1,413 (target)

345 N River St, Centre, AL 35960

3 beds • 2 baths • 2868 sqft

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This property looks like a bad Long-Term investment with a projected -9.52% first-year return on $47,250 initial cash invested.

-9.52%

Cash On Cash

4.85%

Cap Rate

0.75

DSCR

$1,413

Rent

-$375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,413 income − $1,788 expenses = $375 out of pocket

Income$1,413Out of Pocket$375Mortgage P&I$1,21486%Property Taxes$1279%Insurance$796%Management$14110%CapEx$715%Vacancy$856%Maintenance$715%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,413

Total Expenses

$1,788

Mortgage P&I

86%

$1,214

Property Taxes

9%

$127

Home Insurance

6%

$79

HOA

0%

$0

Property Management

10%

$141

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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