REI Lense

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$2,662 (target)

4589 Canal Cir W, Mobile, AL 36619

3 beds • 2 baths • 1486 sqft

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This property looks like a bad Mid-Term investment with a projected -0.23% first-year return on $78,755 initial cash invested.

-0.23%

Cash On Cash

6.8%

Cap Rate

1.06

DSCR

$2,662

Rent

-$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,662 income − $2,677 expenses = $15 out of pocket

Income$2,662Out of Pocket$15Mortgage P&I$1,54858%Property Taxes$1245%Insurance$1014%Management$31912%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29311%

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,755

Downpayment

20%

$57,862

Closing costs

1%

$2,893

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,662

Total Expenses

$2,677

Mortgage P&I

58%

$1,548

Property Taxes

5%

$124

Home Insurance

4%

$101

HOA

0%

$0

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$293

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