REI Lense

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$1,088 (target)

9 Richardson Dr, Daleville, AL 36322

3 beds • 2 baths • 1530 sqft

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This property looks like a bad Long-Term investment with a projected -5.86% first-year return on $35,196 initial cash invested.

-5.86%

Cash On Cash

5.44%

Cap Rate

0.87

DSCR

$1,088

Rent

-$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,088 income − $1,260 expenses = $172 out of pocket

Income$1,088Out of Pocket$172Mortgage P&I$87881%Property Taxes$444%Insurance$565%Management$10910%CapEx$545%Vacancy$656%Maintenance$545%

Investment Breakdown

|

Purchase Price

$168k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,196

Downpayment

20%

$33,520

Closing costs

1%

$1,676

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,088

Total Expenses

$1,260

Mortgage P&I

81%

$878

Property Taxes

4%

$44

Home Insurance

5%

$56

HOA

0%

$0

Property Management

10%

$109

CapEx

5%

$54

Vacancy

6%

$65

Maintenance

5%

$54

Other

0%

$0

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