REI Lense

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$2,940 (target)

1213 Elizabeth St, Leeds, AL 35094

3 beds • 2 baths • 1938 sqft

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This property could be a profitable Mid-Term investment with a projected 11.71% first-year return on $64,536 initial cash invested.

11.71%

Cash On Cash

10.44%

Cap Rate

1.63

DSCR

$2,940

Rent

$630

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,940 income − $2,310 expenses = $630 cash flow

Income$2,940Mortgage P&I$1,17940%Property Taxes$522%Insurance$793%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32311%Cash Flow$630

Investment Breakdown

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Purchase Price

$222k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,536

Downpayment

20%

$44,320

Closing costs

1%

$2,216

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,940

Total Expenses

$2,310

Mortgage P&I

40%

$1,179

Property Taxes

2%

$52

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$323

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