REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,517 (target)

3610 County Road 299, Florence, AL 35634

3 beds • 4 baths • 2968 sqft

$1,395,000

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -27.15% first-year return on $311k initial cash invested.

-27.15%

Cash On Cash

0.93%

Cap Rate

0.13

DSCR

$2,517

Rent

-$7,035

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,517 income − $9,552 expenses = $7,035 out of pocket

Income$2,517Out of Pocket$7,035Mortgage P&I$8,011318%Property Taxes$1968%Insurance$48819%Management$30212%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%

Investment Breakdown

|

Purchase Price

$1395k

Downpayment

20.0%

Interest Rate

7.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$311k

Downpayment

20%

$279k

Closing costs

1%

$13,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,517

Total Expenses

$9,552

Mortgage P&I

318%

$8,011

Property Taxes

8%

$196

Home Insurance

19%

$488

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis