REI Lense

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$3,198 (target)

1718 Post Oak Ct, Auburn, AL 36830

3 beds • 2 baths • 1668 sqft

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This property might be a fair Mid-Term investment with a projected 1.19% first-year return on $90,660 initial cash invested.

1.19%

Cash On Cash

6.9%

Cap Rate

1.12

DSCR

$3,198

Rent

$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,198 income − $3,108 expenses = $90 cash flow

Income$3,198Mortgage P&I$1,77255%Property Taxes$1224%Insurance$1264%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$90

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,660

Downpayment

20%

$69,200

Closing costs

1%

$3,460

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,198

Total Expenses

$3,108

Mortgage P&I

55%

$1,772

Property Taxes

4%

$122

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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