REI Lense

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$1,540 (target)

5280 County Road 1141, Vinemont, AL 35179

3 beds • 2 baths • 2001 sqft

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This property looks like a bad Long-Term investment with a projected -11.26% first-year return on $65,751 initial cash invested.

-11.26%

Cash On Cash

4.05%

Cap Rate

0.66

DSCR

$1,540

Rent

-$617

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,540 income − $2,157 expenses = $617 out of pocket

Income$1,540Out of Pocket$617Mortgage P&I$1,596104%Property Taxes$473%Insurance$1147%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,751

Downpayment

20%

$62,620

Closing costs

1%

$3,131

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,540

Total Expenses

$2,157

Mortgage P&I

104%

$1,596

Property Taxes

3%

$47

Home Insurance

7%

$114

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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