REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,589 (target)

1505 Savannah Ct SE, Huntsville, AL 35803

3 beds • 2 baths • 1535 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.83% first-year return on $72,600 initial cash invested.

1.83%

Cash On Cash

7.2%

Cap Rate

1.16

DSCR

$2,589

Rent

$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,589 income − $2,478 expenses = $111 cash flow

Income$2,589Mortgage P&I$1,34452%Property Taxes$1596%Insurance$934%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$111

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,589

Total Expenses

$2,478

Mortgage P&I

52%

$1,344

Property Taxes

6%

$159

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis