REI Lense

REI Lense

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$1,751 (target)

6708 Lakes Edge Ln, Pinson, AL 35126

3 beds • 2 baths • 1388 sqft

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This property looks like a bad Long-Term investment with a projected -1.7% first-year return on $44,520 initial cash invested.

-1.7%

Cash On Cash

6.59%

Cap Rate

1.02

DSCR

$1,751

Rent

-$63

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,520

Downpayment

20%

$42,400

Closing costs

1%

$2,120

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,751

Total Expenses

$1,814

Mortgage P&I

65%

$1,140

Property Taxes

7%

$118

Home Insurance

5%

$82

HOA

1%

$18

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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