REI Lense

REI Lense

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$1,437 (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 Long-Term investment with a projected 1.84% first-year return on $34,650 initial cash invested.

1.84%

Cash On Cash

7.35%

Cap Rate

1.14

DSCR

$1,437

Rent

$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,437 income − $1,384 expenses = $53 cash flow

Income$1,437Mortgage P&I$88562%Property Taxes$675%Insurance$584%Management$14410%CapEx$725%Vacancy$866%Maintenance$725%Cash Flow$53

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,437

Total Expenses

$1,384

Mortgage P&I

62%

$885

Property Taxes

5%

$67

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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