REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,158 (target)

1342 Meadow Glen Rd, Montgomery, AL 36117

3 beds • 2 baths • 1717 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.47% first-year return on $73,104 initial cash invested.

6.47%

Cash On Cash

9.09%

Cap Rate

1.35

DSCR

$3,158

Rent

$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,158 income − $2,764 expenses = $394 cash flow

Income$3,158Mortgage P&I$1,46746%Property Taxes$1063%Insurance$933%HOA$251%Management$37912%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34711%Cash Flow$394

Investment Breakdown

|

Purchase Price

$262k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,104

Downpayment

20%

$52,480

Closing costs

1%

$2,624

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,158

Total Expenses

$2,764

Mortgage P&I

46%

$1,467

Property Taxes

3%

$106

Home Insurance

3%

$93

HOA

1%

$25

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis