REI Lense

REI Lense

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$1,524 (target)

620 4th Ct, Pleasant Grove, AL 35127

3 beds • 2 baths • 1795 sqft

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This property looks like a bad Long-Term investment with a projected -5.48% first-year return on $46,200 initial cash invested.

-5.48%

Cash On Cash

5.67%

Cap Rate

0.89

DSCR

$1,524

Rent

-$211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,524 income − $1,735 expenses = $211 out of pocket

Income$1,524Out of Pocket$211Mortgage P&I$1,17577%Property Taxes$886%Insurance$775%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,524

Total Expenses

$1,735

Mortgage P&I

77%

$1,175

Property Taxes

6%

$88

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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