REI Lense

REI Lense

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$2,271 (target)

445 Sunset Beach Rd, Florence, AL 35633

3 beds • 2 baths • 2135 sqft

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This property looks like a bad Mid-Term investment with a projected -13.2% first-year return on $131k initial cash invested.

-13.2%

Cash On Cash

2.97%

Cap Rate

0.5

DSCR

$2,271

Rent

-$1,445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,399

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,271

Total Expenses

$3,716

Mortgage P&I

119%

$2,692

Property Taxes

3%

$62

Home Insurance

8%

$189

HOA

0%

$0

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$250

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