REI Lense

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$1,966 (target)

346 School St, Valley Head, AL 35989

3 beds • 2 baths • 2242 sqft

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This property looks like a bad Mid-Term investment with a projected -5.01% first-year return on $75,729 initial cash invested.

-5.01%

Cash On Cash

5.33%

Cap Rate

0.84

DSCR

$1,966

Rent

-$316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,966 income − $2,282 expenses = $316 out of pocket

Income$1,966Out of Pocket$316Mortgage P&I$1,45874%Property Taxes$593%Insurance$965%Management$23612%CapEx$794%Vacancy$593%Maintenance$794%Other$21611%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,966

Total Expenses

$2,282

Mortgage P&I

74%

$1,458

Property Taxes

3%

$59

Home Insurance

5%

$96

HOA

0%

$0

Property Management

12%

$236

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$216

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