REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,524 (target)

102 2nd Ave NW, Hanceville, AL 35077

3 beds • 2 baths • 1327 sqft

Email

This property might be a fair Long-Term investment with a projected 7.05% first-year return on $32,508 initial cash invested.

7.05%

Cash On Cash

8.88%

Cap Rate

1.3

DSCR

$1,524

Rent

$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,524 income − $1,333 expenses = $191 cash flow

Income$1,524Mortgage P&I$87858%Property Taxes$272%Insurance$332%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$191

Investment Breakdown

|

Purchase Price

$155k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,508

Downpayment

20%

$30,960

Closing costs

1%

$1,548

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,524

Total Expenses

$1,333

Mortgage P&I

58%

$878

Property Taxes

2%

$27

Home Insurance

2%

$33

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis