REI Lense

REI Lense

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$1,487 (target)

57 Weeping Willow Ln, Decatur, AL 35603

3 beds • 2 baths • 1410 sqft

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This property looks like a bad Long-Term investment with a projected -9.34% first-year return on $55,650 initial cash invested.

-9.34%

Cash On Cash

4.48%

Cap Rate

0.73

DSCR

$1,487

Rent

-$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,487 income − $1,920 expenses = $433 out of pocket

Income$1,487Out of Pocket$433Mortgage P&I$1,34891%Property Taxes$574%Insurance$946%HOA$352%Management$14910%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,487

Total Expenses

$1,920

Mortgage P&I

91%

$1,348

Property Taxes

4%

$57

Home Insurance

6%

$94

HOA

2%

$35

Property Management

10%

$149

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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