REI Lense

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$2,607 (target)

110 Sage Ct, Hazel Green, AL 35750

3 beds • 2 baths • 1683 sqft

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This property might be a fair Mid-Term investment with a projected 3.53% first-year return on $73,125 initial cash invested.

3.53%

Cash On Cash

7.45%

Cap Rate

1.24

DSCR

$2,607

Rent

$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,607 income − $2,392 expenses = $215 cash flow

Income$2,607Mortgage P&I$1,31050%Property Taxes$743%Insurance$934%HOA$291%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%Cash Flow$215

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,125

Downpayment

20%

$52,500

Closing costs

1%

$2,625

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,607

Total Expenses

$2,392

Mortgage P&I

50%

$1,310

Property Taxes

3%

$74

Home Insurance

4%

$93

HOA

1%

$29

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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