REI Lense

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$3,722 (target)

12625 Northside Rd, Northport, AL 35475

3 beds • 3 baths • 2280 sqft

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This property might be a fair Mid-Term investment with a projected 4.09% first-year return on $98,619 initial cash invested.

4.09%

Cash On Cash

7.51%

Cap Rate

1.25

DSCR

$3,722

Rent

$336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,722 income − $3,386 expenses = $336 cash flow

Income$3,722Mortgage P&I$1,91852%Property Taxes$662%Insurance$1364%Management$44712%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$40911%Cash Flow$336

Investment Breakdown

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Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,619

Downpayment

20%

$76,780

Closing costs

1%

$3,839

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,722

Total Expenses

$3,386

Mortgage P&I

52%

$1,918

Property Taxes

2%

$66

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$409

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