REI Lense

REI Lense

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$1,467 (target)

704 Avenue C SE, Cullman, AL 35055

3 beds • 2 baths • 1260 sqft

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This property looks like a bad Long-Term investment with a projected -7% first-year return on $43,722 initial cash invested.

-7%

Cash On Cash

5.46%

Cap Rate

0.84

DSCR

$1,467

Rent

-$255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,467 income − $1,722 expenses = $255 out of pocket

Income$1,467Out of Pocket$255Mortgage P&I$1,12977%Property Taxes$1248%Insurance$886%Management$14710%CapEx$735%Vacancy$886%Maintenance$735%

Investment Breakdown

|

Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,722

Downpayment

20%

$41,640

Closing costs

1%

$2,082

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,467

Total Expenses

$1,722

Mortgage P&I

77%

$1,129

Property Taxes

8%

$124

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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