REI Lense

REI Lense

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$2,348 (target)

115 Dusty Dr SW, Arab, AL 35016

3 beds • 2 baths • 1505 sqft

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This property might be a fair Mid-Term investment with a projected 2.4% first-year return on $67,077 initial cash invested.

2.4%

Cash On Cash

7.67%

Cap Rate

1.18

DSCR

$2,348

Rent

$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$234k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,077

Downpayment

20%

$46,740

Closing costs

1%

$2,337

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,348

Total Expenses

$2,214

Mortgage P&I

54%

$1,266

Property Taxes

3%

$66

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$282

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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