REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,173 (target)

505 Shelby Farms Way, Alabaster, AL 35007

3 beds • 3 baths • 1972 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.95% first-year return on $68,817 initial cash invested.

-8.95%

Cash On Cash

5.21%

Cap Rate

0.78

DSCR

$2,173

Rent

-$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,173 income − $2,686 expenses = $513 out of pocket

Income$2,173Out of Pocket$513Mortgage P&I$1,82684%Property Taxes$1547%Insurance$1165%HOA$251%Management$21710%CapEx$1095%Vacancy$1306%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$328k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,817

Downpayment

20%

$65,540

Closing costs

1%

$3,277

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,173

Total Expenses

$2,686

Mortgage P&I

84%

$1,826

Property Taxes

7%

$154

Home Insurance

5%

$116

HOA

1%

$25

Property Management

10%

$217

CapEx

5%

$109

Vacancy

6%

$130

Maintenance

5%

$109

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis