REI Lense

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$1,986 (target)

1001 3rd Ave, Pleasant Grove, AL 35127

3 beds • 2 baths • 1530 sqft

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This property might be a fair Mid-Term investment with a projected 5.32% first-year return on $52,083 initial cash invested.

5.32%

Cash On Cash

8.79%

Cap Rate

1.35

DSCR

$1,986

Rent

$231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$162k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,083

Downpayment

20%

$32,460

Closing costs

1%

$1,623

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,986

Total Expenses

$1,755

Mortgage P&I

44%

$879

Property Taxes

7%

$144

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$238

CapEx

4%

$79

Vacancy

3%

$60

Maintenance

4%

$79

Other

11%

$218

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