REI Lense

REI Lense

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$1,415 (target)

51 Cottage Ln, Lincoln, AL 35096

3 beds • 2 baths • 1316 sqft

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This property looks like a bad Long-Term investment with a projected -8.91% first-year return on $45,381 initial cash invested.

-8.91%

Cash On Cash

5.03%

Cap Rate

0.77

DSCR

$1,415

Rent

-$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,415 income − $1,752 expenses = $337 out of pocket

Income$1,415Out of Pocket$337Mortgage P&I$1,17283%Property Taxes$1269%Insurance$856%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%

Investment Breakdown

|

Purchase Price

$216k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,381

Downpayment

20%

$43,220

Closing costs

1%

$2,161

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,415

Total Expenses

$1,752

Mortgage P&I

83%

$1,172

Property Taxes

9%

$126

Home Insurance

6%

$85

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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