REI Lense

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$3,183 (target)

1014 Martha Alleyn Dr, Saraland, AL 36571

3 beds • 2 baths • 1588 sqft

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This property might be a fair Mid-Term investment with a projected 5.49% first-year return on $83,289 initial cash invested.

5.49%

Cash On Cash

7.77%

Cap Rate

1.34

DSCR

$3,183

Rent

$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,289

Downpayment

20%

$62,180

Closing costs

1%

$3,109

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,183

Total Expenses

$2,802

Mortgage P&I

47%

$1,505

Property Taxes

3%

$106

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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