REI Lense

REI Lense

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$2,574 (target)

115 Cornelius Rd, Guntersville, AL 35976

3 beds • 3 baths • 2293 sqft

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This property might be a fair Long-Term investment with a projected 0.49% first-year return on $68,901 initial cash invested.

0.49%

Cash On Cash

6.69%

Cap Rate

1.09

DSCR

$2,574

Rent

$28

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,574 income − $2,546 expenses = $28 cash flow

Income$2,574Mortgage P&I$1,67365%Property Taxes$873%Insurance$1175%Management$25710%CapEx$1295%Vacancy$1546%Maintenance$1295%Cash Flow$28

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,901

Downpayment

20%

$65,620

Closing costs

1%

$3,281

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,574

Total Expenses

$2,546

Mortgage P&I

65%

$1,673

Property Taxes

3%

$87

Home Insurance

5%

$117

HOA

0%

$0

Property Management

10%

$257

CapEx

5%

$129

Vacancy

6%

$154

Maintenance

5%

$129

Other

0%

$0

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