REI Lense

REI Lense

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$1,757 (target)

460 River Oaks Dr, Wetumpka, AL 36092

3 beds • 2 baths • 1784 sqft

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This property looks like a bad Long-Term investment with a projected -4.51% first-year return on $53,718 initial cash invested.

-4.51%

Cash On Cash

5.77%

Cap Rate

0.92

DSCR

$1,757

Rent

-$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,757 income − $1,959 expenses = $202 out of pocket

Income$1,757Out of Pocket$202Mortgage P&I$1,34476%Property Taxes$674%Insurance$915%Management$17610%CapEx$885%Vacancy$1056%Maintenance$885%

Investment Breakdown

|

Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,718

Downpayment

20%

$51,160

Closing costs

1%

$2,558

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,757

Total Expenses

$1,959

Mortgage P&I

76%

$1,344

Property Taxes

4%

$67

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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