REI Lense

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$2,367 (target)

1622 Faircrest Dr, Hueytown, AL 35023

3 beds • 3 baths • 1932 sqft

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This property might be a fair Mid-Term investment with a projected 2.83% first-year return on $65,229 initial cash invested.

2.83%

Cash On Cash

8%

Cap Rate

1.2

DSCR

$2,367

Rent

$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,367 income − $2,213 expenses = $154 cash flow

Income$2,367Mortgage P&I$1,25053%Property Taxes$793%Insurance$793%Management$28412%CapEx$954%Vacancy$713%Maintenance$954%Other$26011%Cash Flow$154

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,367

Total Expenses

$2,213

Mortgage P&I

53%

$1,250

Property Taxes

3%

$79

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$284

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$260

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