REI Lense

REI Lense

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$1,163 (target)

515 Rasch Rd, Florence, AL 35633

3 beds • 2 baths • 1554 sqft

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This property looks like a bad Long-Term investment with a projected -12.18% first-year return on $45,129 initial cash invested.

-12.18%

Cash On Cash

4.29%

Cap Rate

0.66

DSCR

$1,163

Rent

-$458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,129

Downpayment

20%

$42,980

Closing costs

1%

$2,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,163

Total Expenses

$1,621

Mortgage P&I

101%

$1,169

Property Taxes

6%

$75

Home Insurance

6%

$75

HOA

0%

$0

Property Management

10%

$116

CapEx

5%

$58

Vacancy

6%

$70

Maintenance

5%

$58

Other

0%

$0

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