REI Lense

REI Lense

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$1,590 (target)

3858 Hillcrest Ln, Mobile, AL 36693

3 beds • 2 baths • 1486 sqft

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This property looks like a bad Long-Term investment with a projected -7.87% first-year return on $51,387 initial cash invested.

-7.87%

Cash On Cash

5.25%

Cap Rate

0.81

DSCR

$1,590

Rent

-$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,590 income − $1,927 expenses = $337 out of pocket

Income$1,590Out of Pocket$337Mortgage P&I$1,32783%Property Taxes$996%Insurance$875%Management$15910%CapEx$805%Vacancy$956%Maintenance$805%

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,387

Downpayment

20%

$48,940

Closing costs

1%

$2,447

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,590

Total Expenses

$1,927

Mortgage P&I

83%

$1,327

Property Taxes

6%

$99

Home Insurance

5%

$87

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$95

Maintenance

5%

$80

Other

0%

$0

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