REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,176 (target)

375 Lakeridge Dr, Trussville, AL 35173

3 beds • 3 baths • 2237 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.73% first-year return on $102k initial cash invested.

-4.73%

Cash On Cash

5.48%

Cap Rate

0.87

DSCR

$3,176

Rent

-$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,176 income − $3,578 expenses = $402 out of pocket

Income$3,176Out of Pocket$402Mortgage P&I$2,10166%Property Taxes$1374%Insurance$1404%HOA$1214%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,176

Total Expenses

$3,578

Mortgage P&I

66%

$2,101

Property Taxes

4%

$137

Home Insurance

4%

$140

HOA

4%

$121

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis