REI Lense

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$1,235 (target)

535 Country Breeze Cir, Wedowee, AL 36278

3 beds • 2 baths • 1150 sqft

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This property looks like a bad Long-Term investment with a projected -2.42% first-year return on $35,637 initial cash invested.

-2.42%

Cash On Cash

6.32%

Cap Rate

0.99

DSCR

$1,235

Rent

-$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,235 income − $1,307 expenses = $72 out of pocket

Income$1,235Out of Pocket$72Mortgage P&I$90473%Property Taxes$232%Insurance$585%Management$12410%CapEx$625%Vacancy$746%Maintenance$625%

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,637

Downpayment

20%

$33,940

Closing costs

1%

$1,697

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,235

Total Expenses

$1,307

Mortgage P&I

73%

$904

Property Taxes

2%

$23

Home Insurance

5%

$58

HOA

0%

$0

Property Management

10%

$124

CapEx

5%

$62

Vacancy

6%

$74

Maintenance

5%

$62

Other

0%

$0

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