REI Lense

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$2,558 (target)

164 Moores Spring Rd, Montevallo, AL 35115

3 beds • 2 baths • 1523 sqft

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This property might be a fair Mid-Term investment with a projected 2.51% first-year return on $73,125 initial cash invested.

2.51%

Cash On Cash

7.21%

Cap Rate

1.19

DSCR

$2,558

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,558 income − $2,405 expenses = $153 cash flow

Income$2,558Mortgage P&I$1,32352%Property Taxes$1074%Insurance$893%HOA$171%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%Cash Flow$153

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,125

Downpayment

20%

$52,500

Closing costs

1%

$2,625

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,558

Total Expenses

$2,405

Mortgage P&I

52%

$1,323

Property Taxes

4%

$107

Home Insurance

3%

$89

HOA

1%

$17

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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