REI Lense

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$2,007 (target)

90 Freeman Rd, Phenix City, AL 36869

3 beds • 2 baths • 2600 sqft

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This property looks like a bad Mid-Term investment with a projected -22.78% first-year return on $206k initial cash invested.

-22.78%

Cash On Cash

1.35%

Cap Rate

0.21

DSCR

$2,007

Rent

-$3,910

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,007 income − $5,917 expenses = $3,910 out of pocket

Income$2,007Out of Pocket$3,910Mortgage P&I$4,838241%Property Taxes$844%Insurance$31316%Management$24112%CapEx$804%Vacancy$603%Maintenance$804%Other$22111%

Investment Breakdown

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Purchase Price

$895k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$206k

Downpayment

20%

$179k

Closing costs

1%

$8,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,007

Total Expenses

$5,917

Mortgage P&I

241%

$4,838

Property Taxes

4%

$84

Home Insurance

16%

$313

HOA

0%

$0

Property Management

12%

$241

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$221

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