REI Lense

REI Lense

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$2,332 (target)

516 Riviera Rd, Winfield, AL 35594

3 beds • 2 baths • 1774 sqft

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This property looks like a bad Mid-Term investment with a projected -3.68% first-year return on $85,074 initial cash invested.

-3.68%

Cash On Cash

5.46%

Cap Rate

0.9

DSCR

$2,332

Rent

-$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,332 income − $2,593 expenses = $261 out of pocket

Income$2,332Out of Pocket$261Mortgage P&I$1,62270%Property Taxes$633%Insurance$1155%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,074

Downpayment

20%

$63,880

Closing costs

1%

$3,194

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,332

Total Expenses

$2,593

Mortgage P&I

70%

$1,622

Property Taxes

3%

$63

Home Insurance

5%

$115

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

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