REI Lense

REI Lense

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$1,692 (target)

124 County Road 710, Cullman, AL 35055

3 beds • 2 baths • 2348 sqft

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This property might be a fair Long-Term investment with a projected 0.55% first-year return on $43,974 initial cash invested.

0.55%

Cash On Cash

7.1%

Cap Rate

1.09

DSCR

$1,692

Rent

$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,974

Downpayment

20%

$41,880

Closing costs

1%

$2,094

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,692

Total Expenses

$1,672

Mortgage P&I

67%

$1,134

Property Taxes

2%

$35

Home Insurance

4%

$62

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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