REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,151 (target)

1213 Fletcher Ave SW, Decatur, AL 35601

3 beds • 2 baths • 1559 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.14% first-year return on $66,300 initial cash invested.

1.14%

Cash On Cash

7.22%

Cap Rate

1.12

DSCR

$2,151

Rent

$63

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,151 income − $2,088 expenses = $63 cash flow

Income$2,151Mortgage P&I$1,23457%Property Taxes$422%Insurance$804%Management$25812%CapEx$864%Vacancy$653%Maintenance$864%Other$23711%Cash Flow$63

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,151

Total Expenses

$2,088

Mortgage P&I

57%

$1,234

Property Taxes

2%

$42

Home Insurance

4%

$80

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis