REI Lense

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$1,966 (target)

1327 County Road 65, Winfield, AL 35594

3 beds • 3 baths • 2400 sqft

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This property might be a fair Long-Term investment with a projected 3.07% first-year return on $48,132 initial cash invested.

3.07%

Cash On Cash

7.57%

Cap Rate

1.18

DSCR

$1,966

Rent

$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,966 income − $1,843 expenses = $123 cash flow

Income$1,966Mortgage P&I$1,22462%Property Taxes$261%Insurance$824%Management$19710%CapEx$985%Vacancy$1186%Maintenance$985%Cash Flow$123

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,132

Downpayment

20%

$45,840

Closing costs

1%

$2,292

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,966

Total Expenses

$1,843

Mortgage P&I

62%

$1,224

Property Taxes

1%

$26

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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