REI Lense

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$2,306 (target)

1609 Byron Rd, Scottsboro, AL 35769

3 beds • 2 baths • 2111 sqft

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This property might be a fair Mid-Term investment with a projected 0.59% first-year return on $69,408 initial cash invested.

0.59%

Cash On Cash

7.13%

Cap Rate

1.09

DSCR

$2,306

Rent

$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,306 income − $2,272 expenses = $34 cash flow

Income$2,306Mortgage P&I$1,32958%Property Taxes$733%Insurance$864%Management$27712%CapEx$924%Vacancy$693%Maintenance$924%Other$25411%Cash Flow$34

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,408

Downpayment

20%

$48,960

Closing costs

1%

$2,448

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,306

Total Expenses

$2,272

Mortgage P&I

58%

$1,329

Property Taxes

3%

$73

Home Insurance

4%

$86

HOA

0%

$0

Property Management

12%

$277

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$254

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