REI Lense

REI Lense

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$1,907 (target)

3707 Montclair Rd SW, Decatur, AL 35603

3 beds • 2 baths • 2166 sqft

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This property looks like a bad Long-Term investment with a projected -12.06% first-year return on $76,398 initial cash invested.

-12.06%

Cash On Cash

3.97%

Cap Rate

0.64

DSCR

$1,907

Rent

-$768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,907 income − $2,675 expenses = $768 out of pocket

Income$1,907Out of Pocket$768Mortgage P&I$1,87798%Property Taxes$1739%Insurance$1307%Management$19110%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,398

Downpayment

20%

$72,760

Closing costs

1%

$3,638

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,907

Total Expenses

$2,675

Mortgage P&I

98%

$1,877

Property Taxes

9%

$173

Home Insurance

7%

$130

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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