REI Lense

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$2,286 (target)

450 Dawson St SW, Hartselle, AL 35640

3 beds • 2 baths • 1840 sqft

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This property looks like a bad Mid-Term investment with a projected -1.45% first-year return on $77,766 initial cash invested.

-1.45%

Cash On Cash

6.09%

Cap Rate

1

DSCR

$2,286

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,286 income − $2,380 expenses = $94 out of pocket

Income$2,286Out of Pocket$94Mortgage P&I$1,44763%Property Taxes$552%Insurance$1024%Management$27412%CapEx$914%Vacancy$693%Maintenance$914%Other$25111%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,766

Downpayment

20%

$56,920

Closing costs

1%

$2,846

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,286

Total Expenses

$2,380

Mortgage P&I

63%

$1,447

Property Taxes

2%

$55

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$274

CapEx

4%

$91

Vacancy

3%

$69

Maintenance

4%

$91

Other

11%

$251

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