REI Lense

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$2,194 (target)

1008 Northwood Dr, Centre, AL 35960

3 beds • 2 baths • 2037 sqft

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This property might be a fair Mid-Term investment with a projected 8.47% first-year return on $54,141 initial cash invested.

8.47%

Cash On Cash

9.72%

Cap Rate

1.51

DSCR

$2,194

Rent

$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,194 income − $1,812 expenses = $382 cash flow

Income$2,194Mortgage P&I$92442%Property Taxes$683%Insurance$743%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%Cash Flow$382

Investment Breakdown

|

Purchase Price

$172k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,141

Downpayment

20%

$34,420

Closing costs

1%

$1,721

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,194

Total Expenses

$1,812

Mortgage P&I

42%

$924

Property Taxes

3%

$68

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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