REI Lense

REI Lense

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$1,248 (target)

80 Pine Ln, Boaz, AL 35956

3 beds • 2 baths • 1319 sqft

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This property looks like a bad Long-Term investment with a projected -5.65% first-year return on $40,152 initial cash invested.

-5.65%

Cash On Cash

5.51%

Cap Rate

0.87

DSCR

$1,248

Rent

-$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,248 income − $1,437 expenses = $189 out of pocket

Income$1,248Out of Pocket$189Mortgage P&I$1,00581%Property Taxes$403%Insurance$685%Management$12510%CapEx$625%Vacancy$756%Maintenance$625%

Investment Breakdown

|

Purchase Price

$191k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,152

Downpayment

20%

$38,240

Closing costs

1%

$1,912

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,248

Total Expenses

$1,437

Mortgage P&I

81%

$1,005

Property Taxes

3%

$40

Home Insurance

5%

$68

HOA

0%

$0

Property Management

10%

$125

CapEx

5%

$62

Vacancy

6%

$75

Maintenance

5%

$62

Other

0%

$0

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