REI Lense

REI Lense

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$1,297 (target)

708 Elmhurst Ave, Muscle Shoals, AL 35661

3 beds • 2 baths • 1368 sqft

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This property looks like a bad Long-Term investment with a projected -8.31% first-year return on $45,192 initial cash invested.

-8.31%

Cash On Cash

5.06%

Cap Rate

0.79

DSCR

$1,297

Rent

-$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,297 income − $1,610 expenses = $313 out of pocket

Income$1,297Out of Pocket$313Mortgage P&I$1,15589%Property Taxes$333%Insurance$846%Management$13010%CapEx$655%Vacancy$786%Maintenance$655%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,192

Downpayment

20%

$43,040

Closing costs

1%

$2,152

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,297

Total Expenses

$1,610

Mortgage P&I

89%

$1,155

Property Taxes

3%

$33

Home Insurance

6%

$84

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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