REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,102 (target)

1601 Cherry Ln NE, Hanceville, AL 35077

3 beds • 2 baths • 1677 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.27% first-year return on $80,979 initial cash invested.

-3.27%

Cash On Cash

5.26%

Cap Rate

0.91

DSCR

$2,102

Rent

-$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,102

Total Expenses

$2,323

Mortgage P&I

69%

$1,451

Property Taxes

3%

$53

Home Insurance

5%

$105

HOA

0%

$0

Property Management

12%

$252

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$231

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis