REI Lense

REI Lense

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$2,004 (target)

846 Berkshire Ct, Auburn, AL 36832

3 beds • 3 baths • 1625 sqft

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This property looks like a bad Long-Term investment with a projected -8.21% first-year return on $74,949 initial cash invested.

-8.21%

Cash On Cash

4.53%

Cap Rate

0.77

DSCR

$2,004

Rent

-$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,004 income − $2,517 expenses = $513 out of pocket

Income$2,004Out of Pocket$513Mortgage P&I$1,76088%Property Taxes$1166%Insurance$1216%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

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Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,949

Downpayment

20%

$71,380

Closing costs

1%

$3,569

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,004

Total Expenses

$2,517

Mortgage P&I

88%

$1,760

Property Taxes

6%

$116

Home Insurance

6%

$121

HOA

0%

$0

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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