REI Lense

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$4,294 (target)

152 Autumn Cove Dr, Madison, AL 35756

3 beds • 3 baths • 2725 sqft

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This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $112k initial cash invested.

1.57%

Cash On Cash

6.95%

Cap Rate

1.14

DSCR

$4,294

Rent

$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,294 income − $4,147 expenses = $147 cash flow

Income$4,294Mortgage P&I$2,28153%Property Taxes$2155%Insurance$1584%HOA$331%Management$51512%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47211%Cash Flow$147

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,740

Closing costs

1%

$4,487

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,294

Total Expenses

$4,147

Mortgage P&I

53%

$2,281

Property Taxes

5%

$215

Home Insurance

4%

$158

HOA

1%

$33

Property Management

12%

$515

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$472

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