REI Lense

REI Lense

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$1,536 (target)

1901 28th Ave, Tuscaloosa, AL 35401

3 beds • 2 baths • 1422 sqft

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This property might be a fair Long-Term investment with a projected 1.6% first-year return on $36,834 initial cash invested.

1.6%

Cash On Cash

7.37%

Cap Rate

1.13

DSCR

$1,536

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,536 income − $1,487 expenses = $49 cash flow

Income$1,536Mortgage P&I$95162%Property Taxes$735%Insurance$634%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%Cash Flow$49

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,834

Downpayment

20%

$35,080

Closing costs

1%

$1,754

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,536

Total Expenses

$1,487

Mortgage P&I

62%

$951

Property Taxes

5%

$73

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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