REI Lense

REI Lense

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$1,463 (target)

1008 Northwood Dr, Centre, AL 35960

3 beds • 2 baths • 2037 sqft

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This property might be a fair Long-Term investment with a projected 0.56% first-year return on $36,141 initial cash invested.

0.56%

Cash On Cash

7.07%

Cap Rate

1.1

DSCR

$1,463

Rent

$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,463 income − $1,446 expenses = $17 cash flow

Income$1,463Mortgage P&I$92463%Property Taxes$685%Insurance$745%Management$14610%CapEx$735%Vacancy$886%Maintenance$735%Cash Flow$17

Investment Breakdown

|

Purchase Price

$172k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,141

Downpayment

20%

$34,420

Closing costs

1%

$1,721

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,463

Total Expenses

$1,446

Mortgage P&I

63%

$924

Property Taxes

5%

$68

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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