REI Lense

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$2,156 (target)

16000 Us Highway 80 E, Opelika, AL 36804

3 beds • 3 baths • 2819 sqft

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This property might be a fair Mid-Term investment with a projected 9.41% first-year return on $52,650 initial cash invested.

9.41%

Cash On Cash

10.07%

Cap Rate

1.56

DSCR

$2,156

Rent

$413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,156 income − $1,743 expenses = $413 cash flow

Income$2,156Mortgage P&I$88541%Property Taxes$673%Insurance$583%Management$25912%CapEx$864%Vacancy$653%Maintenance$864%Other$23711%Cash Flow$413

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,156

Total Expenses

$1,743

Mortgage P&I

41%

$885

Property Taxes

3%

$67

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$259

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

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