REI Lense

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$1,524 (target)

450 Dawson St SW, Hartselle, AL 35640

3 beds • 2 baths • 1840 sqft

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This property looks like a bad Long-Term investment with a projected -9.54% first-year return on $59,766 initial cash invested.

-9.54%

Cash On Cash

4.42%

Cap Rate

0.72

DSCR

$1,524

Rent

-$475

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,524 income − $1,999 expenses = $475 out of pocket

Income$1,524Out of Pocket$475Mortgage P&I$1,44795%Property Taxes$554%Insurance$1027%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,766

Downpayment

20%

$56,920

Closing costs

1%

$2,846

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,524

Total Expenses

$1,999

Mortgage P&I

95%

$1,447

Property Taxes

4%

$55

Home Insurance

7%

$102

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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