REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,321 (target)

709 Montgomery Ave, Sheffield, AL 35660

3 beds • 4 baths • 2934 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.08% first-year return on $73,164 initial cash invested.

-4.08%

Cash On Cash

5.59%

Cap Rate

0.92

DSCR

$2,321

Rent

-$249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,321 income − $2,570 expenses = $249 out of pocket

Income$2,321Out of Pocket$249Mortgage P&I$1,75576%Property Taxes$974%Insurance$1155%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,164

Downpayment

20%

$69,680

Closing costs

1%

$3,484

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,321

Total Expenses

$2,570

Mortgage P&I

76%

$1,755

Property Taxes

4%

$97

Home Insurance

5%

$115

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis