REI Lense

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$2,354 (target)

120 Briar Ridge Ln, Odenville, AL 35120

3 beds • 2 baths • 1282 sqft

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This property might be a fair Mid-Term investment with a projected 7.51% first-year return on $57,879 initial cash invested.

7.51%

Cash On Cash

9.5%

Cap Rate

1.44

DSCR

$2,354

Rent

$362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,354 income − $1,992 expenses = $362 cash flow

Income$2,354Mortgage P&I$1,04744%Property Taxes$542%Insurance$663%HOA$251%Management$28212%CapEx$944%Vacancy$713%Maintenance$944%Other$25911%Cash Flow$362

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,354

Total Expenses

$1,992

Mortgage P&I

44%

$1,047

Property Taxes

2%

$54

Home Insurance

3%

$66

HOA

1%

$25

Property Management

12%

$282

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$259

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