REI Lense

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$3,320 (target)

6453 Spring St, Trussville, AL 35173

3 beds • 3 baths • 2034 sqft

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This property looks like a bad Mid-Term investment with a projected -4.11% first-year return on $109k initial cash invested.

-4.11%

Cash On Cash

5.29%

Cap Rate

0.89

DSCR

$3,320

Rent

-$375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,320 income − $3,695 expenses = $375 out of pocket

Income$3,320Out of Pocket$375Mortgage P&I$2,16065%Property Taxes$1805%Insurance$1404%HOA$863%Management$39812%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36511%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,080

Closing costs

1%

$4,354

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,320

Total Expenses

$3,695

Mortgage P&I

65%

$2,160

Property Taxes

5%

$180

Home Insurance

4%

$140

HOA

3%

$86

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$365

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