REI Lense

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$1,959 (target)

5927 Overlook Rd, Mount Olive, AL 35117

3 beds • 2 baths • 2129 sqft

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This property looks like a bad Long-Term investment with a projected -5.17% first-year return on $64,932 initial cash invested.

-5.17%

Cash On Cash

5.28%

Cap Rate

0.88

DSCR

$1,959

Rent

-$280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,959 income − $2,239 expenses = $280 out of pocket

Income$1,959Out of Pocket$280Mortgage P&I$1,54379%Property Taxes$764%Insurance$1106%Management$19610%CapEx$985%Vacancy$1186%Maintenance$985%

Investment Breakdown

|

Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,932

Downpayment

20%

$61,840

Closing costs

1%

$3,092

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,959

Total Expenses

$2,239

Mortgage P&I

79%

$1,543

Property Taxes

4%

$76

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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