REI Lense

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$2,602 (target)

127 Eldorado Dr, Madison, AL 35758

3 beds • 2 baths • 1618 sqft

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This property might be a fair Mid-Term investment with a projected 1.01% first-year return on $75,750 initial cash invested.

1.01%

Cash On Cash

7.14%

Cap Rate

1.11

DSCR

$2,602

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,602 income − $2,538 expenses = $64 cash flow

Income$2,602Mortgage P&I$1,46956%Property Taxes$893%Insurance$964%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%Cash Flow$64

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,602

Total Expenses

$2,538

Mortgage P&I

56%

$1,469

Property Taxes

3%

$89

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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