REI Lense

REI Lense

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$1,113 (target)

6701 Lott Rd, Semmes, AL 36575

3 beds • 2 baths • 1376 sqft

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This property looks like a bad Long-Term investment with a projected -14.53% first-year return on $55,650 initial cash invested.

-14.53%

Cash On Cash

3.21%

Cap Rate

0.53

DSCR

$1,113

Rent

-$674

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,113 income − $1,787 expenses = $674 out of pocket

Income$1,113Out of Pocket$674Mortgage P&I$1,326119%Property Taxes$787%Insurance$938%Management$11110%CapEx$565%Vacancy$676%Maintenance$565%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.4%

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

$1,113

Total Expenses

$1,787

Mortgage P&I

119%

$1,326

Property Taxes

7%

$78

Home Insurance

8%

$93

HOA

0%

$0

Property Management

10%

$111

CapEx

5%

$56

Vacancy

6%

$67

Maintenance

5%

$56

Other

0%

$0

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