REI Lense

REI Lense

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$1,516 (target)

702 Rosalind St, Opelika, AL 36801

3 beds • 2 baths • 1324 sqft

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This property looks like a bad Long-Term investment with a projected -4.34% first-year return on $45,108 initial cash invested.

-4.34%

Cash On Cash

5.94%

Cap Rate

0.92

DSCR

$1,516

Rent

-$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,516 income − $1,679 expenses = $163 out of pocket

Income$1,516Out of Pocket$163Mortgage P&I$1,15176%Property Taxes$564%Insurance$775%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,108

Downpayment

20%

$42,960

Closing costs

1%

$2,148

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,516

Total Expenses

$1,679

Mortgage P&I

76%

$1,151

Property Taxes

4%

$56

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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