REI Lense

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$2,034 (target)

1043 Kings Forest Dr, Leeds, AL 35094

3 beds • 2 baths • 1590 sqft

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This property might be a fair Long-Term investment with a projected 3.17% first-year return on $47,250 initial cash invested.

3.17%

Cash On Cash

7.56%

Cap Rate

1.19

DSCR

$2,034

Rent

$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,034 income − $1,909 expenses = $125 cash flow

Income$2,034Mortgage P&I$1,19059%Property Taxes$1115%Insurance$794%Management$20310%CapEx$1025%Vacancy$1226%Maintenance$1025%Cash Flow$125

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,034

Total Expenses

$1,909

Mortgage P&I

59%

$1,190

Property Taxes

5%

$111

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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