REI Lense

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$1,914 (target)

1019 Stevens Ave NE, Huntsville, AL 35801

3 beds • 2 baths • 1600 sqft

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This property could be a profitable Long-Term investment with a projected 10.45% first-year return on $36,750 initial cash invested.

10.45%

Cash On Cash

9.32%

Cap Rate

1.44

DSCR

$1,914

Rent

$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,914 income − $1,594 expenses = $320 cash flow

Income$1,914Mortgage P&I$94349%Property Taxes$925%Insurance$613%Management$19110%CapEx$965%Vacancy$1156%Maintenance$965%Cash Flow$320

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,914

Total Expenses

$1,594

Mortgage P&I

49%

$943

Property Taxes

5%

$92

Home Insurance

3%

$61

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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