REI Lense

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$2,217 (target)

13035 Highway 171, Northport, AL 35473

3 beds • 2 baths • 1704 sqft

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This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $68,694 initial cash invested.

1.36%

Cash On Cash

7.27%

Cap Rate

1.13

DSCR

$2,217

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,217 income − $2,139 expenses = $78 cash flow

Income$2,217Mortgage P&I$1,29558%Property Taxes$1Insurance$884%Management$26612%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%Cash Flow$78

Investment Breakdown

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Purchase Price

$241k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,694

Downpayment

20%

$48,280

Closing costs

1%

$2,414

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,217

Total Expenses

$2,139

Mortgage P&I

58%

$1,295

Property Taxes

0%

$1

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$266

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

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