REI Lense

REI Lense

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$1,038 (target)

458 Harrison Dr, Daleville, AL 36322

3 beds • 2 baths • 1620 sqft

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This property looks like a bad Long-Term investment with a projected -11.75% first-year return on $40,551 initial cash invested.

-11.75%

Cash On Cash

4.36%

Cap Rate

0.67

DSCR

$1,038

Rent

-$397

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,038 income − $1,435 expenses = $397 out of pocket

Income$1,038Out of Pocket$397Mortgage P&I$1,047101%Property Taxes$505%Insurance$687%Management$10410%CapEx$525%Vacancy$626%Maintenance$525%

Investment Breakdown

|

Purchase Price

$193k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,551

Downpayment

20%

$38,620

Closing costs

1%

$1,931

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,038

Total Expenses

$1,435

Mortgage P&I

101%

$1,047

Property Taxes

5%

$50

Home Insurance

7%

$68

HOA

0%

$0

Property Management

10%

$104

CapEx

5%

$52

Vacancy

6%

$62

Maintenance

5%

$52

Other

0%

$0

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