REI Lense

REI Lense

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$1,224 (target)

1935 Brackett Loop Rd, Birmingham, AL 35214

3 beds • 2 baths • 981 sqft

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This property might be a fair Long-Term investment with a projected 7.45% first-year return on $25,116 initial cash invested.

7.45%

Cash On Cash

8.81%

Cap Rate

1.33

DSCR

$1,224

Rent

$156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,224 income − $1,068 expenses = $156 cash flow

Income$1,224Mortgage P&I$66154%Property Taxes$484%Insurance$423%Management$12210%CapEx$615%Vacancy$736%Maintenance$615%Cash Flow$156

Investment Breakdown

|

Purchase Price

$120k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,116

Downpayment

20%

$23,920

Closing costs

1%

$1,196

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,224

Total Expenses

$1,068

Mortgage P&I

54%

$661

Property Taxes

4%

$48

Home Insurance

3%

$42

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

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