REI Lense

REI Lense

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$2,310 (target)

105 Rollingview St, Gadsden, AL 35903

3 beds • 2 baths • 1709 sqft

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This property could be a profitable Mid-Term investment with a projected 11.97% first-year return on $52,545 initial cash invested.

11.97%

Cash On Cash

10.89%

Cap Rate

1.7

DSCR

$2,310

Rent

$524

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,545

Downpayment

20%

$32,900

Closing costs

1%

$1,645

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,310

Total Expenses

$1,786

Mortgage P&I

38%

$877

Property Taxes

2%

$51

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$277

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$254

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