REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,913 (target)

198 Waterford Lake Dr, Calera, AL 35040

3 beds • 2 baths • 1790 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.34% first-year return on $78,375 initial cash invested.

2.34%

Cash On Cash

7.28%

Cap Rate

1.18

DSCR

$2,913

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,913 income − $2,760 expenses = $153 cash flow

Income$2,913Mortgage P&I$1,47351%Property Taxes$1626%Insurance$1013%HOA$331%Management$35012%CapEx$1174%Vacancy$873%Maintenance$1174%Other$32011%Cash Flow$153

Investment Breakdown

|

Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,375

Downpayment

20%

$57,500

Closing costs

1%

$2,875

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,913

Total Expenses

$2,760

Mortgage P&I

51%

$1,473

Property Taxes

6%

$162

Home Insurance

3%

$101

HOA

1%

$33

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$87

Maintenance

4%

$117

Other

11%

$320

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis