REI Lense

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$3,006 (target)

846 Berkshire Ct, Auburn, AL 36832

3 beds • 3 baths • 1625 sqft

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This property looks like a bad Mid-Term investment with a projected -0.17% first-year return on $92,949 initial cash invested.

-0.17%

Cash On Cash

6.28%

Cap Rate

1.06

DSCR

$3,006

Rent

-$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,006 income − $3,019 expenses = $13 out of pocket

Income$3,006Out of Pocket$13Mortgage P&I$1,76059%Property Taxes$1164%Insurance$1214%Management$36112%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33111%

Investment Breakdown

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Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,949

Downpayment

20%

$71,380

Closing costs

1%

$3,569

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,006

Total Expenses

$3,019

Mortgage P&I

59%

$1,760

Property Taxes

4%

$116

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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