REI Lense

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$3,584 (target)

12180 Olde South Spur, Mc Calla, AL 35111

3 beds • 3 baths • 2450 sqft

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This property might be a fair Mid-Term investment with a projected 0.2% first-year return on $110k initial cash invested.

0.2%

Cash On Cash

6.16%

Cap Rate

1.08

DSCR

$3,584

Rent

$18

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,584 income − $3,566 expenses = $18 cash flow

Income$3,584Mortgage P&I$2,08458%Property Taxes$441%Insurance$2206%Management$43012%CapEx$1434%Vacancy$1083%Maintenance$1434%Other$39411%Cash Flow$18

Investment Breakdown

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Purchase Price

$437k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,460

Closing costs

1%

$4,373

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,584

Total Expenses

$3,566

Mortgage P&I

58%

$2,084

Property Taxes

1%

$44

Home Insurance

6%

$220

HOA

0%

$0

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$108

Maintenance

4%

$143

Other

11%

$394

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